The Shallow Company has two bonds outstanding. Bond A was issued exactly 5 years ago at a coupon rate of 9%. Bond Z was issued exactly 1 year ago at a coupon rate of 8%. Both bonds were originally issued with semi-annual coupon payments, terms of 20 years, and face values of $1,000. The current yield to maturity (YTM) is 7.5% for both bonds. Which of the following statements is LEAST correct? The internal rate of return (IRR) on Bond Z is less than an investor's required return if they are only willing to pay $1000 for the bond. Bond 2 sells at a smaller price premium than Bond A. Bond A has higher price sensitivity to changes in interest rates than Bond z. The net present value (NPV) of Bond A is so if purchased for a price of $1133.72