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Listed here are data that pertain to the corporate bond market (Note: Each period' below covers a span of 6 months.) a. Compute the confidence
Listed here are data that pertain to the corporate bond market (Note: Each "period' below covers a span of 6 months.) a. Compute the confidence index for each of the periods listed above b. Assume the latest confidence index (for period 0 in effect) amounts to 86.83%, while the yield spread between high- and average-grade corporate bonds is 05 basis points. Based on your calculations, what's happening to bond yield spreads and the contidence index over the period of time covered in the problem (.e. from penad 0 through period 4y? c. Based on the confidence index measures you computed, what would be your overall assessment of the stock market? In which one or more of the periods (1 through 4) is the confidence index bullish? In which one's) is it bearish? a. Confidence index for period 1 is % (Round to two decimal places) Confidence index for period 2 is % (Round to two decimal places) Confidence index for period 3 is Confidence index for penod 4 is %. (Round to two decimal places.) %. (Round to two decimal places.) b. The bond yields le drop-down menus.) Data Table - X c. The overall mark henus) 2 (Click on the icon located on the top-right corner of the dala table below in order to copy its contents into a spreadsheet) Period 1 Period 2 Period 3 Period 4 2 Average yield on 10 high-grade 5 32% 565% 5 11% corporate bonds Yield on the Dow Jones average of 6.49% 2 6.04% 40 corporate bonds Yield spread (in basis points) Confidence index Enter your answer Print Done
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