contestada

Day 1 2 3 4 Advances 870 760 960 840 Declines 880 990 790 910 Volume advancing(m) 580 620 480 510 Volume declining(m) 670 580 720 520 Yield on top-rated corporate bonds 6.8 % 6.7 % 6.7 % 6.6 % Yield on intermediate-grade corporate bonds 7.4 % 7.4 % 7.5 % 7.6 % From day 1 to day 4, the confidence index has _____. This is _____.

Respuesta :

segehood

Answer:

D. Decreased; bearish

Explanation:

Recall that

Confidence index = Yield on top-rated corporate bonds/Yield on intermediate-grade corporate bonds

Thus

CI for day 1 = 6.4/7.4

= 0.92

CI for day 4 = 6.6/7.6

= 0.87

From the data, confidence interval decreased from day 1 to 4.

Also, this is bearish as there's a decline

akindeleot

Answer:

From day 1 to day 4, the confidence index has reduced to less than 1. This is Bullish.

Explanation:

Ver imagen akindeleot

Otras preguntas