Question: Top rated (AAA) corporate bonds yield 0.0561 when intermediate grade (BBB) corporate bonds yield 0.0704. Rates change for both bonds due to economic conditions to
Top rated (AAA) corporate bonds yield 0.0561 when intermediate grade (BBB) corporate bonds yield 0.0704. Rates change for both bonds due to economic conditions to 0.0574 and 0.097 respectively. Calculate the Barron's Confidence Index before and after and report the difference, i.e. New Cl - Old Cl. Be able to interpret this change in Cl on an exam. 0.1973 0.1793 0.1889 0.2051 0.1726
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