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In an auction for a company's bonds the demand for funds is $50 million. The following bids were submitted: Bidder Bid Amount Bid Price
In an auction for a company's bonds the demand for funds is $50 million. The following bids were submitted: Bidder Bid Amount Bid Price A $22M $0.880 B $16M $0.910 C $18M $0.890 D $20M $0.920 E $24M $0.900 Who will be buying the bonds? OA. Bidders A, C and E only B. Bidders A and B only OC. Bidders B and D only OD. Bidders A, B and E only OE. Bidders B, D and E only OF. Bidders A and C only OG. Bidders C and D only OH. Bidders C, D and E only
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