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 1.9 billion, and no one submits non-competitive bid, then which of the following is true

Select one:

a. The final yield will be 0.0815%

b. The final yield will be 0.080%

c. The final yield will be 0.084%

d. The final yield will be 0.079%

e. Every bidder pay the yield they bid for