Which of the Following Is NOT a Property of Macaulay's

Which of the following is NOT a property of Macaulay's duration?

A) All else the same, the longer a bond's maturity, the longer is its duration.
B) All else the same, a bond's duration increases at a decreasing rate as maturity lengthens.
C) All else the same, the higher a bond's coupon, the shorter is its duration.
D) All else the same, a higher yield to maturity implies a shorter duration, and a lower yield to maturity implies a longer duration.
E) Answers A to D are all true.