Consider two bonds (A and B having the same yield to maturity (YTM), price and duration. Their only difference is that B has a higher convexity measure than A. Which of the following statements is false? Select one:

a. If YTM decreases, both bond prices increase, but B more than A.

b. Investors should find that buying bond B is a more desirable investment compared to buying bond A.

c. No matter what direction the yield changes, B always ends up with a higher price than A.

d. If you want to speculate based on your expectations that the YTM will increase, short selling bond B will give you a higher profit than short selling bond A.

e. None of the above. All of these statements are true.