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Help The US Treasury is conducting an auction for $1.6 billion of 90 -day US Treasury Bills. What is the market-clearing price based on the

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The US Treasury is conducting an auction for $1.6 billion of 90 -day US Treasury Bills. What is the market-clearing price based on the following competitive bids? Question 4 2 pts Using the information from the prior problem, please calculate the winning price, assuming there is also a non-competitive bid of $550 million. Question 5 2 pts What is the effective annual yield implied by the price in the scenario with the competitive bidder (refer to Question 3)? The US Treasury is conducting an auction for $1.6 billion of 90 -day US Treasury Bills. What is the market-clearing price based on the following competitive bids? Question 4 2 pts Using the information from the prior problem, please calculate the winning price, assuming there is also a non-competitive bid of $550 million. Question 5 2 pts What is the effective annual yield implied by the price in the scenario with the competitive bidder (refer to Question 3)

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