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Use the following data on bond yields: This YearLast YearYield on top - rated corporate bonds 5 . 6 % 8 . 6 % Yield

Use the following data on bond yields:
This YearLast YearYield on top-rated corporate bonds5.6%8.6%Yield on intermediate-grade corporate bonds7.6%10.6%
Required:
Calculate the confidence index this year and last year.

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