When portfolio managers believe the yield spread between investment grade bonds and junk bonds are temporarily out of line, they will execute a

: Select one: a. Rate anticipation swap b. Substitutions swap c. Intermarket spread swap d. Pure yield pick-up swap

When portfolio managers believe the yield spread between investment grade bonds and junk bonds are temporarily out of line, they will execute a

Select one:

a. Rate anticipation swap

b. Substitutions swap

c. Intermarket spread swap

d. Pure yield pick-up swap