In a Treasury auction of 3 billion 91-day T-bills, the following bids were submitted: Bidder 1 bid for $500 million at price 99.34; Bidder 2 bid for $750 million at price 98.99; Bidder 3 bid for $1.5 billion at price 99.32; Bidder 4 bid for $1 billion at 99.32; and Bidder 5 bid for $300 million at 99.45. Which of the following statement is true regarding the allocation of shares, assume there is no non-competitive bids Select one: a. Either bidder 3 or bidder 4 will receive full allocation, while the other receive partial allocation. The treasury need to negotiate with them to make the final decisions. b. Bidder 3 and bidder 4 will both receive full allocation. c. Bidders with the most bid amount will receive allocation first. d. Neither bidder 3 nor bidder 4 will receive full allocation 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% O 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