A Pure Yield Pickup Swap Involves Swapping Out of a

question 5

Multiple Choice

A pure yield pickup swap involves swapping out of a

• A) bond to realise capital losses, into a comparable bond.
• B) low coupon bond, into a comparable high coupon bond.
• C) high coupon bond, into a comparable low coupon bond.
• D) bond that is underpriced, into a comparable bond that is overpriced.
• E) bond that is overpriced, into a comparable bond that is underpriced.

---

Definitions:

Intellectual Disability

A state defined by notable restrictions in intellectual abilities as well as in adaptive conduct, encompassing various common social and practical abilities.

IQ Score

A numerical measure of an individual's intelligence relative to a statistically standard population, usually based on the results of various cognitive tests.

Severe Intellectual Disability

A significant limitation in intellectual functioning and adaptive behavior, manifesting before 18 years of age.

Profound Intellectual Disability

A level of intellectual disability characterized by significant cognitive limitations, often accompanied by physical and communicative developmental challenges, requiring extensive support for daily living.