Question: * 52. The historical yield spread between the AA bond and the AAA bond has been 25 basis points. Currently the spread is only 9

* 52. The historical yield spread between the AA bond and

* 52. The historical yield spread between the AA bond and the AAA bond has been 25 basis points. Currently the spread is only 9 basis points. If you believe the spread will soon return to its historical levels, you should 0 short both the AA and the AAA buy both the AA and the AAA buy the AA and short the AAA buy the AAA and short the AA

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