The table below shows the average 10-year yield of top-rated corporate bonds along with the corresponding yields for intermediate-grade corporate bonds:
Month | Top rated | Intermediate grade |
1 | 0.055 | 0.0727 |
2 | 0.065 | 0.0777 |
3 | 0.04167 | 0.088 |
4 | 0.055 | 0.0727 |
5 | 0.05 | 0.08 |
6 | 0.04545 | 0.096 |
Attempt 1/10 for 10 pts.
Part 1
What is the confidence index in month 5?
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