(b) The US Government wanted to auction $600 million worth of 1-year Treasury Bills. Bids for $100 million worth of Treasury Bills were submitted on a non- competitive basis. Institution Amount Bidded Yield Bank 1 $50 m 2.25% Bank 2 $50 m 2.00% Bank 3 $50 m 2.00% Bank 4 $150 m 1.75% Bank 5 $50 m 1.50% Bank 6 $100 m 1.25% Bank 7 $150 m 1.00% (i) Based on the bids submitted, use a table, to determine: the stop-out yield that all successful bidders will receive for the Treasury Bills they bid, and (ii) the amount of Treasury Bills allocated to Bank 2 (8 marks)