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You manage the Wolves Fixed Income Mutual Fund. You notice that inflation is picking up and expect that the Federal Reserve will be increasing interest

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You manage the "Wolves Fixed Income Mutual Fund." You notice that inflation is picking up and expect that the Federal Reserve will be increasing interest rates over the next few years. You are most likely to: increase the duration of your bond portfolio keep you bond portfolio duration unchanged but buy bonds with lower coupons keep you bond portfolio characteristics unchanged decrease the duration of your bond portfolio

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