Please help me study for a test by answering this question.

An 7 percent corporate bond that pays interest semi-annually was issued last year. Which two of the following most likely apply to this bond today if the current yield-to-maturity is 6 percent?

I. a structure as an interest-only loan

II. a current yield that equals the coupon rate

III. A market price that is lower than its face value

IV. a market price that is higher than its face value

Question 16 options:

a. III and IV only

b. I and III only

c. I and IV only

d. II and III only

e. II and IV only