The holes would all have different perspectives.
PS: If the square peg is in the center, it wouldn't have a left oriented perspective. it would be straight on with no edges showing. The edges of the square would only be able to touch the outer edge of the circular hole.

Has potential to be a good image -- first see CMKY's comment -- the edges between the hole and the sufrace are too sharp -- the thickness seems a bit too deep and the walls of the holes do not really look natural -- maybe look of a souce with a hole drilled in wood to use -- might require a total rework of the images as a hole in chip board looks quite different from one in solid wood