Using the following data, calculate the change in the confidence index from last year to this year.

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Using the following data, calculate the change in the confidence index from last year to this year. What besides a change in confidence might explain the pattern of yield changes?

This Year Last Year Yield on top-rated corporate bonds 4% 7%

Yield on intermediate-grade corporate bonds 6 9

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Investments

ISBN: 9781259277177

11th Edition

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

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