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d. All 1.9 billion will be allocated among the 5 bidders according to their bid amount In a Treasury auction of 182-day T-bills, the following

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d. All 1.9 billion will be allocated among the 5 bidders according to their bid amount In a Treasury auction of 182-day T-bills, the following bids were submitted:Bidder 1 bid for $500 million at rate 0.080%; bidder 2 bid for $750 million at rate 0.084%; bidder 3 bid for 1.5 billion at rate 0.085%; bidder 4 bid for 1 billion at 0.081%; and bidder 5 bid for 300 million at rate 0.079%. If the auction amount is 1.8 billion, and no one submits non-competitive bid, then which of the following is true Select one: a. Bidder 2 will be accepted for all his/her bid amount b. Bidder 3 will be awarded for his/her full amount c. Bidder 4 will be awarded for his/her full amount d. All 1.8 billion will be allocated among the 5 bidders according to their bid amount

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