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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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Short Term Financial Management
Authors: Ned C. Hill, William L. Sartoris
3rd Edition
0023548320, 978-0023548321
