FIN 351 CHAPTER 12 QUIZ 53

FIN 351 CHAPTER 12 QUIZ 53
. With a pure pickup yield swap
A. The owner thinks he can decrease the yield to maturity by selling a bond and buying a different bond of less risk
B. The market is assumed to be totally efficient
C. The key to the swap is that the bond price of one or both bonds has to be in disequilibrium
D. None of the above

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