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61. The Government of Canada is issuing $1 billion fixed-coupon marketable bonds. The table below lists the competitive bids from government securities distributors. The Government

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61. The Government of Canada is issuing $1 billion fixed-coupon marketable bonds. The table below lists the competitive bids from government securities distributors. The Government is awarding $20 million of the bond issue to the non-competitive bidders. Calculate how much each competitive bidder will receive, (Show your calculations) Bidder 1 2 NP Competitive Bid Yield 4.021% 4.026% 4.033% 4.044% 4.051% 4.062% Size $200 million $200 million $200 million $200 million $200 million $200 million

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