10 Market Advances and Declines Advances Declines Day 1 (in millions) (in millions) 908 699 2 657 988 3 715 791 8.33 4 510 970 points 5 499 1,040 6 950 710 7 1,004 620 8 905 723 9 852 740 eBook 10 768 768 Print Required: a. Calculate cumulative breadth. (Enter your answers in millions. Negative values should be indicated by a minus sign.) Cumulative Breadth (in millions) Day References 1 2 3 4 5 6 7 8 9 10 b. Is this technical signal bearish or bullish? Bearish Bullish 12 8.33 points Problem 9-24 (Algo) Use the following data on bond yields: Yield on top-rated corporate bonds This Year 5.2% Last Year 8.2% eBook Yield on intermediate-grade corporate bonds Required: 7.2% a. Calculate the confidence index this year and last year. (Round your answers to 4 decimal places.) Print Confidence Index This year Last year References b. Is the confidence index increasing or decreasing? Increasing O Decreasing 10.2%