Which of the following statements regarding bonds and their terms is FALSE? O A. Financial professionals also use the term spot interest rates to refer to the default - free zero-coupon yields. OB. The internal rate of return (IRR) of an investment in a zero-coupon bond is the rate of return that investors will earn on their money if they buy a default - free bond at its current price and hold it to maturity. O C. The yield to maturity of a bond is the discount rate that sets the future value (FV) of the promised bond payments equal to the current market price of the bond. OD. When we calculate a bond's yield to maturity by solving the formula, Coupon Coupon Coupon + Face Price of an n-period bond = (1 + YTM) (1 + YTM)2 (1 + YTM)" the yield we compute will be a rate per coupon interval