Pall, 2019 5. Which of the following would not be an example of an active bond portfolio management strategy? a. A substitution swap between a bond you think is over-priced and one you think is underpriced b. A rate anticipation swap you substitute a high duration bond for a low duration bond because you think interest rates are going to rise. A strategy of buying a bond that has fallen to junk bond status, in the belief that its credit rating will rise in the future . d. Buying and holding all the bonds in the Barclays Capital All Bond Index