Which of the following is correct?

A. For a 10 year bond with a 9% annual coupon and a yield to maturity of 8%, if the yield to maturity remains constant, the bonds capital gains yield will be negative.

B. The longer the time ti maturity, the greater the change in the value of a bond in response to a given change in interest rates.

C. All of the above are correct.

D. None of the above are correct.