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Use the following data on bond yield: This Last Year Year Yield on top-rated corporate bonds 5.1% 9.3% Yield on intermediate-grade corporate bonds 7.1
Use the following data on bond yield: This Last Year Year Yield on top-rated corporate bonds 5.1% 9.3% Yield on intermediate-grade corporate bonds 7.1 10.9 a. Calculate the confidence index for last year and this year. (Round your answers to 3 decimal places.) This year Last year Confidence Index
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