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Suppose the total public offering of an auctioned T-bill is $11 billion. The total amount of noncompetitive bids is $2 billion. There are 4 competitive

Suppose the total public offering of an auctioned T-bill is $11 billion. The total amount of noncompetitive bids is $2 billion. There are 4 competitive bids with yield and amount bid as below: What is the stop-out yield? 2.997% 2.996% 2.998% 2.995%

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