Question 4 1.5 pts Consider a coupon paying bond that has more than one coupon left. Which of the statements below about yield-to-maturity (YTM) is false? The YTM can be greater or less than the coupon rate O Even if an investor decides to hold the bond until maturity, they cannot be sure that the holding period return will be equal to YTM The YTM is related to the underlying zero rates If the bond is a perpetuity, then we cannot calculate the YTM O The YTM will depend on its coupon rate but will not depend on its par value