A 10 year Treasury bond with face value of $1000 is currently offering 8% annual coupon rate and 6% yield to maturity. Which of the following statements about the bond is NOT true?

1. The market price of bond is higher than $1000.
2. A year from now if the yield to maturity stays the same, the market price of the bond will be higher than what it is today.
3. If you buy the bond today and hold it until the bond matures, your annual return will be about 6% when there is no default.
4. If the yield to maturity becomes 7% tomorrow, the price of the bond will be lower than what it is today.