Connect 1-Semester Access Card for Essentials of Investments
Connect 1-Semester Access Card for Essentials of Investments
10th Edition
ISBN: 9781259354977
Author: Zvi Bodie, Alan Marcus, Alex Kane
Publisher: McGraw-Hill Education
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Chapter 9, Problem 17PS
Summary Introduction

(a)

To calculate:

We have to comment on confidence index in this part of the question.

Summary Introduction

(b)

To comment:

We have to comment on whether increase in confidence index seems to be bullish or bearish by technical analyst.

Summary Introduction

(c)

To Calculate:

Does this make sense to you.

No it does not makes sense as increase in confidence index is attributed to increase in inflation rate which seems to be counterproductive to the overall sentiments and confidence of the economy.

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