A Pure Yield Pickup Swap Involves Swapping Out of a

Multiple Choice

A pure yield pickup swap involves swapping out of a

A) bond to realize 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.