A bond has a market price that exceeds its face value. Which of the following features currently apply to this bond? discounted price premium price yield-to-maturity that exceeds the coupon rate yield-to-maturity that is less than the coupon rate III only I and III only I and IV only II and III only II and IV only Which one of the following bonds is the least sensitive to interest rate risk? 3-year; 4 percent coupon 3-year; 6 percent coupon 5-year; 6 percent coupon 7-year; 6 percent coupon 7-year; 4 percent coupon Oil Well Supply oilers 7.5 percent coupon bonds with semiannual payments and a yield to maturity of 7.68 percent. The bonds mature in 6 years. What is the market price per bond if the face value is $1,000? $989.70 S991.47 $996.48 $1,002.60 $1, 013.48