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During a Treasury Bill auction, the Treasury Department needs to sell $900 Million in new T-Bills with a maturity of 90 days. From the primary
During a Treasury Bill auction, the Treasury Department needs to sell $900 Million in new T-Bills with a maturity of 90 days. From the primary dealers, they have already received non-competitive bids for $350 million. What is the dollar amount in millions of the competitive bids the treasury will accept?
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