Which of the following statement is correct?

Whenever a bond's coupon rate is higher than the market rate of interest on similar bonds, the bond will sell at a discount, and such bonds are called discount bonds.

The face or par value for most corporate bonds is equal to $100, and it is the principal amount owed to bondholders at the end of first year. U.S. Treasury securities are the best proxy measure for the risk-free rate.

All the answers are correct.

Bonds with high coupon payments have greater interest rate risk.