Suppose that you just computed the duration of a bond.. Unfortunately, your boss wants you recalculate the duration for the same bond if the coupon rate falls to 1%. What will you find? O The new duration will be shorter O The new duration will be shorter O Not enough information - we don't know the coupon reinvestment rate O Not to worry - the duration number will be the same. Nothing to recalculate! The new duration will be longer