4. Which of the following statements is NOT CORRECT? a. The interest rate risk is relevant only if an investor considers selling the bond prematurely. b. Interest rate risk premium of a bond is the compensation to investors primarily for the interest rate risk. We often view Treasury securities as risk-free because they are not subject to default risk, illiquidity, or interest rate risk. All else equal, long-term bonds have greater interest rate risk than short-term bonds. c. d