Teacher:You are given a context, a pronoun, and a noun in this task. The given pronoun is shown in the context within parentheses. You should determine if the pronoun refers to the given noun or not. Please answer with "True" and "False".
Teacher: Now, understand the problem? Solve this instance: Then he took a piece of iron the shape of the horse horse's foot , and clapped (it) on, and drove some nails through the shoe quite into its hoof, so that the shoe was firmly on <sep> Pronoun:it <sep> Noun: piece of iron
Student:
True