Which of the Following Statements About Duration Is Incorrect

Multiple Choice

Which of the following statements about duration is incorrect?

A) Duration is superior to time to maturity as a measure of price sensitivity to interest rate changes.
B) Holding other things constant, the duration of a bond increases with time 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) Given time to maturity, the duration of a zero coupon bond decreases with yield to maturity.