Which one of the assertions about statement 1 and statement 2 is true?

Statement 1: On Friday, 10,000 bonds issued by Echo Corporation were bought by a variety of investors for $1,000 per bond. If Echo received $10 million from the sale of these bonds, then the 10,000 bonds were more likely sold on the primary market than on the secondary market.

Statement 2: Bonds issued by Foxtrot have a face value of $1,000 and pay annual coupons with the next coupon due in 1 year. If the price of the bond is greater than $1,000, then the bonds coupon rate is greater than its yield-to-maturity.

	A.	Answer is not possible or not listed
	B.	Statement 1 is false and statement 2 is false.
	C.	Statement 1 is true and statement 2 is false.
	D.	Statement 1 is true and statement 2 is true.
	E.	Statement 2 is true and statement 1 is false.