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Treasuries At a US Treasury Auction for a 5 year Treasury Note with $1 1 1 point billion of par value to issue. The current 5 year Treasury Notes What is the "high yield" are yielding 2.4%. There are $50 million in non-competitive bids and primary banks have submitted the following competitive bids: 2 point How much of the issue will the bidder with the high yield be awarded? Answer in millions of dollars (eg 100 for $100M )