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Question 9 (1 point) If at next week's 26-week, $2 billion Treasury Bill auction, Goldman Sachs bids 2.7% for $100 million, Citibank bids 2.6% for
Question 9 (1 point) If at next week's 26-week, $2 billion Treasury Bill auction, Goldman Sachs bids 2.7% for $100 million, Citibank bids 2.6% for $150 million, and Professor Wiggins bids non-competitively for $10,000, who is least likely to have their bid accepted? Goldman Sachs Citibank Professor Wiggins Question 10 (1 point) Continuing the previous question, given current market conditions in January 2021, which of the following bidders will actually have their bids accepted? Only Citibank Only Professor Wiggins Only Goldman Sachs All will have their bids accepted None will have their bids accepted Question 11 (1 point) If a 60-day, 100 par Treasury Bill is quoted at an ask discount yield of 2%, then the ask price is 98.33 99.51 99.67 99.83 99.33 Question 12 (1 point) Suppose the price of a 100 par, 180-day Treasury Bill is 95. What is the bond equivalent yield? 10.53% 10.91% 10.77% 10.67% 10%
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