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in a US treasury auction of $50 million par value 91-day T-bills, the following bids were submitted. Bidder A bids $25 million at a price
in a US treasury auction of $50 million par value 91-day T-bills, the following bids were submitted. Bidder A bids $25 million at a price $0.9925; bidder B bids $30 million at a price $0.9929, bidder C bids $45 million at $0.9901. who gets T-bills at what quantity and what price
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