The Following Information Relates to Questions 49-57liz Tyo Is a Fund

Multiple Choice

The following information relates to Questions 49-57liz Tyo is a fund manager for an actively managed global fixed-income fund that buys bonds
issued in Countries A, b, and
-did Tyo's assistant accurately describe the process of bootstrapping?

A) yes.
B) no, with respect to par yields.
C) no, with respect to backward substitution.