A bond has a market price that exceeds its face value. Which of the following features currently apply to this bond? I. The bond is currently selling at a premium. II. The bond is currently selling at a discount. III. The bond has a yield-to-maturity that exceeds the coupon rate. IV. The bond has a yield-to-maturity that is less than the coupon rate.

		I and IV only
		I and III only
		III only
		II and III only
		II and IV only