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Yield on top-rated corporate bonds 4% 7% Yield on intermediate-grade corporate bonds 6% 9% Required: a. Calculate the confidence index this year and last year.
Yield on top-rated corporate bonds 4% 7% Yield on intermediate-grade corporate bonds 6% 9% Required: a. Calculate the confidence index this year and last year. (Round your answers to 4 decimal places.) b. Is the confidence index increasing or decreasing? multiple choice Decreasing Increasing
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