In a Treasury auction, how is the price that a noncompetitive bidder must pay determined in a

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In a Treasury auction, how is the price that a noncompetitive bidder must pay determined in a single-price auction format?

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:28 AM

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In a Treasury auction, how is the price that a competitive bidder must pay determined in a single-price auction format?
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In a Treasury auction, how is the price that a noncompetitive bidder must pay determined in a

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A noncompetitive bidder is a bidder is who is willing to purchase the auctioned security at the yiel...View the full answer

Bond Markets Analysis and Strategies

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