BUY 7-YEAR BA2/BB SPREADS IN A WEAK ECONOMIC INDUSTRIAL CORPORATE B...

1. - L3 MOCK SAMPLE EXAM CFA LEVEL III GUIDELINE ANSWERS 2008
L3 MOCK SAMPLE EXAM CFA LEVEL III GUIDELINE ANSWERS 2008
1. Buy 7-year Ba2/BB spreads in a weak economic industrial corporate bonds; environment due to a higher risk of Sell 7-year Baa3/BBB default. Negativeindustrial corporate bonds. The negative convexity of callable