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The US Treasury announces its intent to auction $15 billion par value of 26-week Treasury bills. It receives $5 billion of non- competitive bids. The

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The US Treasury announces its intent to auction $15 billion par value of 26-week Treasury bills. It receives $5 billion of non- competitive bids. The competitive bids received are as follows: Price Per $1 of Par Par Value 0.9220 $3 billion 0.9180 $5 billion 0.9140 $5 billion 0.9130 $4 billion 0.9110 $3 billion What is the revenue that the Treasury could have generated (in billions)? Round your answer to 2 decimal points

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