For a given change in interest rates, market prices of bonds move in an inversely proportional manner with interest rate by a higher degree if

		Duration value is lower
		Duration value is higher
		If the amount of Equity is higher
		If the amount of Equity is lower

What is of the following about Duration is correct?

		Duration is the weighted average time needed to receive the present value of the cash flows
		duration is the same as the time of maturity
		With higher coupon rate, the value of duration increases
		All of the answers are correct