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Given the following data on bond yields: This Year Last Year Yield on top-rated corporate bonds 9.0% 9.5% Yield on intermediate-grade corporate bonds 11.5 11.0
| Given the following data on bond yields: |
| This Year | Last Year | |
| Yield on top-rated corporate bonds | 9.0% | 9.5% |
| Yield on intermediate-grade corporate bonds | 11.5 | 11.0 |
| a. | Calculate the confidence index this year and last year. (Round your answers to 4 decimal places.) |
| Confidence Index | |
| This Year | |
| Last Year | |
| b. | Is the confidence index increasing or decreasing? |
|
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The Oxford Handbook Of Pricing Management
Authors: Ozalp Ozer, Robert Phillips
1st Edition
0199543178, 978-0199543175
