All of the following statements regarding Bonds are correct, EXCEPT: As interest rates increase, the value of the bond decreases The market value of a Discount bond is below the par value Long-term bonds have greater interest rate/price risk that do short-term bonds Default risk and Call risk are two of the main risks for bond holders None of the above; All of the above are correct statements about Bonds All else constant, a coupon bond that is selling at a premium, must have: semi-annual interest payments a market price that is less than par value a coupon rate that is equal to the investor's required rate of return a coupon rate that is greater than the investor's required rate of return a coupon rate that is less than the investor's required rate of return