Perten Inc. is issuing $200,000 bonds. A single-price auction is being used to allocate the amount of the issue. The six bidders submitted the following yield bids:

Bidder	Amount requested	Yield
A	$100,000	4.3%
B	$50,000	4.4%
C	$20,000	4.6%
D	$40,000	4.6%
E	$50,000	4.9%
F	$25,000	4.9%

(1) How to allocate the amount of issue to the bidders? (7 points)

(2) If the Dutch auction is conducted, what is the bid yield (also called high yield) of the auction? (3 point)