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QUESTION 18 The Treasury auctioned $1.2 billion par value 91 -day T-bills, recelving the above bids. $200m in noncompetitive bids were also submitte. What price

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QUESTION 18 The Treasury auctioned $1.2 billion par value 91 -day T-bills, recelving the above bids. $200m in noncompetitive bids were also submitte. What price will the winning bidders pay? QUESTION 19 What is the total par value of the T-bills purchased by bid 4 ? (in millions enter 240 for $240m )

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