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Mark O. Witz is a Portfolio Manager. Mark's views are that the Fed will raise Fed Funds rate by 200bps above market consensus. Please mark

image text in transcribed Mark O. Witz is a Portfolio Manager. Mark's views are that the Fed will raise Fed Funds rate by 200bps above market consensus. Please mark the only INCORRECT action that would be compatible with Mark's views about rates: a. increase the duration of the bond portfolio b. increase the share of floating rate bonds in the portfolio C. reduce the weight wB of bonds in a diversified portfolio P relative to benchmark d. reduce the duration of the bond portfolio

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