Which of the following are false about the interest-rate sensitivity of bonds? I) Bond prices and yields are inversely related. II) Prices of long-term bonds tend to be more sensitive to interest-rate changes than prices of short-term bonds. III) Interest-rate risk is positively correlated with the bond's coupon rate. IV) The sensitivity of a bond's price to a change in its yield to maturity is inversely related to the yield to maturity at which the bond is currently selling. A. III B. I, II, and IV C. I, II, III, and IV D. II, III, and IV E. I