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3. Bidder Price Bid Amount (million) 1 $1,000 $0.9911 2 $500 $0.9933 3 $15 $0.9976 4. $1,000 $0.9971 5 $30 $0.9970 The table above shows

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3. Bidder Price Bid Amount (million) 1 $1,000 $0.9911 2 $500 $0.9933 3 $15 $0.9976 4. $1,000 $0.9971 5 $30 $0.9970 The table above shows the bids submitted in a Treasury auction of $3,000 million par value 92- day T-bills. The Treasury also received $1,800 million in non-competitive bids. List out the amount receive for each bidder from Bidder 1 to Bidder 5. (14 marks)

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