Question: 4 Problem 9-24 (Algo) 12.5 points Use the following data on bond yields: Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds This Year

 4 Problem 9-24 (Algo) 12.5 points Use the following data on

4 Problem 9-24 (Algo) 12.5 points Use the following data on bond yields: Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds This Year 6.08 8.08 Last Year 9.08 11.08 eBook References Required: a. Calculate the confidence index this year and last year. (Round your answers to 4 decimal places.) Confidence Index This year Last year

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