Question: Using the following data on bond yields: This Year Last Year Yield on top-rated corporate bonds intermediate-grade corporate bonds 6.0% 9,0% Yield on 8.0% 11.0%

Using the following data on bond yields: This Year Last Year Yield on top-rated corporate bonds intermediate-grade corporate bonds 6.0% 9,0% Yield on 8.0% 11.0% a. Calculate the confidence index this year and last year. (Round your answers to 4 decimal places.) Confidence Index This year Last year b. Is the confidence index increasing or decreasing? Increasing Decreasing
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