1. Mr. Spice asks Mr. Myers how a fixed-income manager would position his portfolio to capitalize on...

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1. Mr. Spice asks Mr. Myers how a fixed-income manager would position his portfolio to capitalize on his expectations of increasing interest rates. Which of the following would be the most appropriate strategy?

a. Lengthen the portfolio duration.

b. Buy fixed-rate bonds.

c. Shorten the portfolio duration.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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