He found that the spread of bond of ABC relative to T-bond was 125 bps, and corresponding CDS spread was 110 bps. He can take the oppurtunity to abitage by :
A.buy bond and sell corresponding CDS
B.sell bond and sell corresponding CDS
C.buy bond and buy corresponding CDS
答案给的是C。我认为是A
买BOND 是肯定的，因为是套利，自己不出钱，所以要卖掉CDS获得保费。这样想的问题在哪里呢？
谢谢老师，辛苦了。
