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Given the following data on bond yields: This Year Last Year Yield on top-rated corporate bonds 8.4% 8.9% Yield on intermediate-grade corporate bonds 10.9 10.4

Given the following data on bond yields:

This Year Last Year
Yield on top-rated corporate bonds 8.4% 8.9%
Yield on intermediate-grade corporate bonds 10.9 10.4

Calculate the confidence index this year and last year. (Round your answers to 4 decimal places.)

Confidence Index
This Year
Last Year

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