16 (1 point) Consider a 10-year zero-coupon bond. Which of the following should be correct regarding this bond? [I] It's duration should be shorter than that of a 10-year bond with coupon rate of 7% [II] It's duration should be longer than that of a 10-year bond with coupon rate of 7%. [II] Pays interest only at the beginning and at maturity [IV] Pays no coupon [V] Sells at a discount from its par value [VI] Its value is directly related to changes in interest rates. 1) 1, III, VI 2) II, IV, V 3) III. VI 4) II, IV, VI 5) II, V, VI