Question 14 (1 point) In relation to the duration of a coupon bond, which one of the following statements is TRUE? (A) All else being equal, when interest rates fall the duration falls (B) All else being equal, bonds with shorter maturities have longer durations C) All else being equal, the lower the coupon rate the longer the duration (D) The duration of a portfolio of bonds is the simple average of the durations of the individual bonds