Which of the following is/are false? I. The higher the investor's required rate of return on a bond, the higher will be the value of the bond to the investor. II. A zero coupon bond is always sold at premium. III. Extendable notes are redeemable at par at the option of the bond holder. IV. The value of a perpetual bond with annual coupon payments is equal to the annual coupon payment divided by the coupon rate.

Question 8 options:

	I, III & IV
	I, II & IV
	II, III & IV
	I, II & III