Specify whether the following statements are true or false.

When the statements are false, please provide corrections for the false statements.

Write down True$/$False at the space provided below and write explanation in the separate sheet.

A$.$ When the investor's investment horizon is more than the Macaulay duration of the bond she owns, the investor is hedged against interest rate risky

B$.$ When the duration gap is zero, reinvestment risk dominates, and the investor is at risk of lower rates.

c$.$ When the investor's investment horizon is less than the Macaulay duration of the bond she owns, market price risk dominates, and the investor is at risk of higher rates.