Which of the following is TRUE about interest rates?

		Bond yield is the single discount rate that gives the value of the bond equal to its par (or principal) value.
		Par yield is the coupon rate that causes bond price to equal to its market value.
		A repo rate is the rate implicit in a transaction where securities are sold and bought back at a higher price.
		A LIBOR rate is lower than the Treasury rate when the two have the same maturity.