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The U.S. Treasury auctions $2.0 billion in 5-year bonds. It receives the following bids from various investors: Investor Yield Amount A 1.80% $500 million B

The U.S. Treasury auctions $2.0 billion in 5-year bonds. It receives the following bids from various investors:

Investor Yield Amount

A 1.80% $500 million

B 1.82% $600 million

C 1.83% $500 million

D 1.85% $700 million

Which investor is bidding the highest price?

Group of answer choices

C

B

A

D

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