Which of the following statements correctly relate(s) to bond types or bond features?

I. A callable bond is a bond where the issuer may call it in for redemption before maturity date.

II. A convertible bond is where the bond can be "swapped" in becoming common shares.

III. A stripped bond is a bond that makes no coupon payments.

a) All three statements are correct.

b) Only statement II is correct

c) Only statements I and II are correct

d) Only statement III is correct

e) Only statement I is correct