If a bond is selling for a premium, which of the following must be true? I. market price equal to the face value. II. market price that exceeds the face value. III. yield to maturity is lower than the coupon rate. IV. yield to maturity is higher than the coupon rate. III only II and IV only I and IV only II and III only I only Question 14 If WACC is great than IRR, then it must be true that: the project should be accepted. NPV is zero. Payback Period is short. NPV is negative. NPV is positive