11. In a Treasury auction of billion par value 91-day T-bills, the following bids were submitted: If
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11. In a Treasury auction of billion par value 91-day T-bills, the following bids were submitted:
If only these competitive bids are received, who will receive Tbills, in what quantity, and at what price?
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Related Book For 
Financial Markets And Institutions
ISBN: 9780134519265
9th Edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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