Question: Problem 12-22 Use the following data on bond yleld: This Year Last Year Yield on top-rated corporate bonds Yield on intermediate grade corporate bonds 4.2%

Problem 12-22 Use the following data on bond yleld: This Year Last Year Yield on top-rated corporate bonds Yield on intermediate grade corporate bonds 4.2% 6.2 10.0 es a. Calculate the change in the confidence Index from last year to this year. (Round your answers to 3 decimal place Confidence Index This year Last year b. is the confidence index rising or falling Rising Falling Prev Next

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