Question: Wallace sells a AAA rated 4 % bond for $ 9 6 0 and buys another AMA rated 4 % bond for 5 9 5

Wallace sells a AAA rated 4% bond for $960 and buys another AMA rated 4% bond for 5950, Both bonds mature in seven years. This is an example of
A) an intermarket spread swap.
an interest rate swap.
C) a pure yield pichup swap.
D) a substipution swap
Wallace sells a AAA rated 4 % bond for $ 9 6 0

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