5 Points You are about to participate in a private value auction. There will be a total of 30 rational participants in the auction. You have been informed by a higher being that, of the 30 participants, you have the second highest private valuation. This implies that one of the other 29 participants has a higher private value. In which type of auction you are the least likely to win the auction? A In a Dutch auction. B In a 1st price, sealed bid auction. C In a 2nd price, sealed bid auction. D It depends on the value of the object. E It cannot be determined