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Using the following data on bond yields: This Year Last Year 4.6 % 7.6 % Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds

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Using the following data on bond yields: This Year Last Year 4.6 % 7.6 % Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds 6.6 % 9.6 % Calculate the confidence index this year and last year

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