Which of the following statements is FALSE? Given the balance sheet information of an FI as below:

A.	The leverage-adjusted duration gap is +0.4875 years
	B.	The market value of equity of the will be lower if interest rates decrease.
	C.	The duration of all the liablities is 2.2162 years
	D.	The market value of equity of the will be lower if interest rates increase.
	E.	The duration of all the assets is 2.5375 years

\begin{tabular}{|l|c|c|c|} \hline Assets & Amount & Rate & Duration \\ \hline Cash & $75 million & & \\ \hline Loans & $750 million & 12 percent & 1.75 years \\ \hline Treasuries & $175 million & 9 percent & 7.00 years \\ \hline Liabilities and Equity & & & \\ \hline Time Deposits & $350 million & 7 percent & 1.75 years \\ \hline CDs & $575 million & 8 percent & 2.50 years \\ \hline Equity & $75 million & & \\ \hline \end{tabular}