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Calculate the yield on $50 million in bonds awarded at non-competitive tender in an auction of Government of Canada Bonds that is allocated to competitive
Calculate the yield on $50 million in bonds awarded at non-competitive tender in an auction of Government of Canada Bonds that is allocated to competitive tenders as follows: $500 million at 5.03% $500 million at 5.035% $500 million at 5.04% a) 5.085% b) 5.03% c) 5.04% c) the next best bid after 0495
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