15. Given the following data, is the confidence index rising or falling? What might explain the pattern

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15. Given the following data, is the confidence index rising or falling? What might explain the pattern of yield changes?

This Year Last Year Yield on top-rated corporate bonds 8% 8.5%

Yield on intermediate-grade corporate bonds 10.5 10

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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