Which of the following statements is FALSE?

	A.	Duration considers the timing of all the cash flows of an asset by summing the product of the cash flows and the time of occurrence.
	B.	Duration of a zero coupon bond is equal to the bond's maturity.
	C.	The economic meaning of duration is the interest elasticity of a financial assets price.
	D.	For a given maturity fixed-income asset, duration decreases as the market yield increases.
	E.	Duration increases with the maturity of a fixed-income asset at a decreasing rate.