At the End of July,the Average Yields on 10 Top-Rated

question 79

Multiple Choice

At the end of July,the average yields on 10 top-rated corporate bonds and 10 intermediate-grade bonds were 7.65% and 8.42% respectively.At the end of August,the average yields on 10 top-rated corporate bonds and 10 intermediate-grade bonds were 6.00% and 6.71% respectively.The confidence index _________ during August and bond technical analysts are likely to be ________.

• A) increased, bullish
• B) increased, bearish
• C) decreased, bullish
• D) decreased, bearish

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Definitions:

Buildings

Structures erected to serve as premises for business, residential, or other purposes, considered as fixed assets on a balance sheet.

Land

Land refers to the surface of the earth and any permanent fixtures attached to it, considered a fixed asset in accounting and not subject to depreciation.

Machinery and Equipment

Fixed assets used in the operations of a business that are expected to be used for multiple years.

Ordinary Maintenance

Routine maintenance and repairs necessary to keep property (equipment, buildings, etc.) in efficient operating condition.