Which of the following bonds will be priced at par if the yield to maturity for all of the bonds is 7%?

I) A 5-year maturity bond with a 7% coupon rate that makes annual coupon payments.

II) A 7-year maturity bond with a 7% coupon rate that makes semi-annual coupon payments.

III) A 9-year maturity bond with a 7% coupon rate that makes quarterly coupon payments.

IV) An 11-year maturity bond with a 7% coupon rate that makes weekly coupon payments.

Answer options:

I only

I and II only

II only

III and IV only

All of the bonds will be priced at par.