In an auction for a companys 3-year bonds the demand for funds is $200 million. The following bids were submitted: Bidder Bid Amount Bid Price A $60M $940 B $80M $890 C $70M $950 D $50M $900 E $90M $920

1) Who will be buying the bonds? 2) In what amounts? 3) What coupon rate will the bonds have?

The correct answer is 1) Bidders C, A and E, 2) $70M, $60M and $70M, respectively, 3) 2.82%.

I just don't know how to get to the correct answer using a financial calculator can you please show me?