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QUESTION 6 In a Treasury auction of a billion par value 01-day T-bills, the following competitive bids were submitted Bidder Bid Amount Price per $100

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QUESTION 6 In a Treasury auction of a billion par value 01-day T-bills, the following competitive bids were submitted Bidder Bid Amount Price per $100 1 5000 million 500.41 2 $850 million SDO 28 3 $1.1 billion 509 20 4 5000 million 500 30 B $700 million 300.33 If the Treasury also received 5050 milion in non-compettive bids, what is the price set for the auction and which competitive bidders will be awarded T-Bis? O 500 33: 1, 2, 4 and 5 only O SD 31:1. 4 and only 500 22:2.4 and 5 only 300.33; 1. 4 and 5 only 300 22.1.2.4 and 5 only

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