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Use the following data on bond yields: This Last Year Year Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds 4 % 6 a.
Use the following data on bond yields: This Last Year Year Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds 4 % 6 a. Calculate the change in the confidence index from last year to this year. (Round your answers to 3 decimal places.) Confidence Index This year Last year
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