0. As a strategist in a bond mutual fund, you are in charge of researching and recommending investments to the fund manager. Suppose you expect the FOMC will raise the key interest ate in the upcoming meeting. You are thinking about investing in one of the following three casuries: Treasury A has a duration of 3.5: Treasury B has a duration of 4; Treasury C has a duration of 5. If the appropriate discount rate is 1%, which Treasury would you choose to buy or short (i.e., do short-selling)? Why? FOMC (Federal Open Market Committee) is the branch of the U.S. Federal Reserve (the central bank) that determines the course of monetary policy. FOMC announcements inform everyone about the US Federal Reserve's decision on interest rates and are one of the most anticipated events on the economic calendar