If bonds were issued at $102,$ which of the following is correct?

Multiple Choice

For the issuing company, the annual interest expense reported on the income statement is lower than the annual coupon payment for the bondholders, assuming these bonds are the only debt for the company.

The bonds were sold at a price that is lower than the face value of the bonds

The market interest rate must be higher than the bonds' stated interest rate at the time of issuance.

The bonds were sold at $$102$