true/ false

1,

In the context of the binomial option pricing model for American put options, a decrease in the volatility will reduce the early exercise premium.

Group of answer choices

2, In the context of relative valuation, the PB ratio should always be greater than the EV/Capital ratio

3,A zero-coupon interest rate that is equal to 0% implies that there is an arbitrage opportunity.

4,A bond selling at a price greater than the bond's face value means that its coupon rate is larger than the bond's promised yield-to-maturity.

5,In the real world, using the P/EBITDA ratio is better than using the PE ratio.