1. Choose the correct statements:

   1. If bonds coupon rate is higher than YTM, bonds price is higher than its par value.
   2. As interest rates are increasing, bonds price is increasing.
   3. As interest rates decrease, the price of callable bond increases less than the price of a straight bond.
   4. As interest rates increase, the price of callable bond increases and the price of a straight bond decreases.

   		1, 3
   		2, 3
   		1, 4
   		1, 2