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Business, 01.10.2019 01:30 isaacdlt15

The confidence index indicates a strong stock market when thea) ratio of the average yield on high-grade corporate bonds to the average yield on low-grade corporate bonds rises. b) ratio between the average yield on s& p 500 stocks to the average yield on high-grade corporate bonds rises. c) consumer confidence index rises above its long-term trend. d) demand for bonds declines relative to the demand for equity securities.

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