A Hollywood celebrity is auctioning off her Bel Air mansion in a second-price sealed bid auction. There are 5 mega-fans taking part in the auction. They each have a private value listed below. Private values Bidder #1 $6 million Bidder #2 $12 million Bidder #3 $13 million Bidder #4 $9 million Bidder #5 $11 million All bidders, except Bidder #2, have taken Business Microeconomics and understand auction theory. As such, these bidders will submit bids using their optimal strategies, while Bidder #2 submits a bid of $14 million. Which bidder will win the auction and what will be the amount paid? O #2, $12 million 0 #2, $13 million 0 #2, $14 million O #3, $12 million O #3, $13 million