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Given the following data on bond yields: Yield on top-rated corporate bonds 8.6% 9.1% Yield on intermediate-grade corporate bonds 11.1 10.6 Calculate the confidence index

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Given the following data on bond yields: Yield on top-rated corporate bonds 8.6% 9.1% Yield on intermediate-grade corporate bonds 11.1 10.6 Calculate the confidence index this year and last year.(round your answers to 4 decimal places.) This year Last year

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