This year last year yield on top-rated corporate bonds 94, Financial Management

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This year last year yield on top-rated corporate bonds 94

Given the following data on bond yields:

This Year Last Year Yield on top-rated corporate bonds 9.4% (this year) 9.9% (last year)

Yield on intermediate-grade corporate bonds 11.9 (this year) 11.4 (last year)

A. Calculate the confidence index this year and last year. (Round your answers to 4 decimal places.) This year? Last year?

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Financial Management: This year last year yield on top-rated corporate bonds 94

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