High coupon bonds will usually have higher durations than low coupon bonds of the same maturity. (True/False)

Select one:

True

False

For two bonds with equal coupons, duration would be higher for the bond with the shortest maturity. (True/False)

Select one:

True

False

Duration is:

a.

Always longer than maturity

b.

Always the same as maturity

c.

Normally shorter than maturity

d.

Always shorter than maturity