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Given the following data on bond yields: This Year Last Year Yield on top-rated corporate bonds 9.4% 9.6 % Yield on intermediate-grade corporate bonds 11.9
| Given the following data on bond yields: |
| This Year | Last Year | |
| Yield on top-rated corporate bonds | 9.4% | 9.6 % |
| Yield on intermediate-grade corporate bonds | 11.9 | 11.4 |
| a. | Calculate the confidence index this year and last year. |
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Practical Financial Management
Authors: William R. Lasher
6th Edition
1439080496, 978-1439080498
