Question: Please show all equations and work as needed. 11. Which of the following is not true? A. Holding other things constant, the duration of a

Please show all equations and work as needed.

Please show all equations and work as needed. 11. Which of the

11. Which of the following is not true? A. Holding other things constant, the duration of a bond increases with time to maturity. B. Given time to maturity, the duration of a zero-coupon decreases with yield to maturity. C. Given time to maturity and yield to maturity, the duration of a bond is higher when the coupon rate is lower. D. Duration is a better measure of price sensitivity to interest-rate changes than is time to maturity. E. All of the options are correct. manrity and yield lo matunib

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