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 action amount increases to 2.3 billion, meanwhile 0.4 billion non-competitive bids were submitted, then which of the following is true

Select one:

a. The t-bills will be selling at price that generates a rate of return equivalent to 0.085%

b. Bidder 2 will be awarded for his/her full amount

c. Bidder 3 will be awarded for his/her full amount

d. Bidder 4 will be awarded for his/her full amount

e. none of the above