Question: Consider the following statements. Choose the correct statement. A . Given the time to maturity, the duration of a zero - coupon bond is lower

Consider the following statements. Choose the correct statement. A. Given the time to maturity, the duration of a zero-coupon bond is lower when the discount rate is higher. B. Given the time to maturity, the duration of a zero-coupon bond is lower when the discount rate is lower. C. Given the time to maturity, the duration of a zero-coupon bond is lower when the discount rate is equal to the risk-free rate. D. The zero-coupon bond's duration is independent of the discount rate E. None of the options are correct

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