a. The historical yield spread between AAA bonds and Treasury bonds widened dramatically during the financial crisis

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a. The historical yield spread between AAA bonds and Treasury bonds widened dramatically during the financial crisis in 2008. If you believed that the spread would soon return to more typical historical levels, what should you have done?

b. This would be an example of what sort of bond swap? P-963

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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