Which one of the following is FALSE?

Select one:

a. The more frequently compounding the interest rate, the higher present value you will get.

b. The bond price and the interest rate is inversely related, given the time period.

c. The bond price and the time to maturity is inversely related, for a given discount rate.

d. The higher coupon rate, the lower interest rate risk.

e. The longer time to maturity, the higher interest rate risk.