Assume the Treasury is going to auction $50 billion in 12-week (72 day) T-bills and the...

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Assume the Treasury is going to auction $50 billion in 12-week (72 day) T-bills and the following bids come in for the auction. There are non-competitive bids in the amount of $2.7 billion. What is the price at which all Bills are sold? What is the stop-out yield (discount)? Which bidders get completely filled? Which Bidder bid at the stop-out yield, and what percent does that bidder get filled? Bidder ID Bid Amount ($ billions) A 12.6 I Bid Price (% of face) 99.22 B 10.5 99.26 C 6 99.3 D 11.6 99.27 E 7.6 99.33 LL F 10 99.35 G 10.1 99.28 H 12 99.29 Assume the Treasury is going to auction $50 billion in 12-week (72 day) T-bills and the following bids come in for the auction. There are non-competitive bids in the amount of $2.7 billion. What is the price at which all Bills are sold? What is the stop-out yield (discount)? Which bidders get completely filled? Which Bidder bid at the stop-out yield, and what percent does that bidder get filled? Bidder ID Bid Amount ($ billions) A 12.6 I Bid Price (% of face) 99.22 B 10.5 99.26 C 6 99.3 D 11.6 99.27 E 7.6 99.33 LL F 10 99.35 G 10.1 99.28 H 12 99.29