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.

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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