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Competitive and non-competitive Out the The Treasury auctioned $1 million par value 31-day T-Bills. It received 5 competitive and a non-competitive one as shown in

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Competitive and non-competitive Out the The Treasury auctioned $1 million par value 31-day T-Bills. It received 5 competitive and a non-competitive one as shown in the table below. Determine who received the hills what quantity and at what price Competitive Bidder 1 2 3 4 5 Non-Competitive Bid Amount $200,000.00 $300,000.00 $450,000.00 $600,000.00 $200,000.00 $150,000.00 Bid Price 0.994000000 0.990100000 0.992500000 0.993600000 0.993900000

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