Question: Using the following data on bond yields: Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds This Year 4.4% 6.4% Last Year 7.4% 9.4%

Using the following data on bond yields: Yield on top-rated corporate

Using the following data on bond yields: Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds This Year 4.4% 6.4% Last Year 7.4% 9.4% 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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