Question: Use the following data on bond yield: Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds This Year 5.6% 7.6 Last Year 9.8% 11.6

Use the following data on bond yield: Yield on top-rated corporate bonds Yield on intermediate-grade corporate bonds This Year 5.6% 7.6 Last Year 9.8% 11.6 a. Calculate the change in the confidence index from last year to this year. (Round your answers to 3 decimal places.) Confidence Index This year Last year b. Is the confidence index rising or falling? O Rising O Falling

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Were the decisions based on appropriate facts?

Were the right people involved in the decision-making process?

Were the roles, process, and timeline adhered to by all parties involved?