Use the following information to ansQuestion $5$: Fill in the amounts that each bidder received of the $$200$ million Treasury Bill

issue. Use the $$$ format.

Bidder $1$

million

Bidder $2$

million

Bidder $3$

million

Bidder $4$

million

Bidder $5$

millionwer Questions $4$ and $5$

Assume the U$.$S$.$ Treasury issued $$200$ million of $6-$month Treasury Bills using the "Dutch"

auction system. As shown in table $1,$ The U$.$S$.$ Treasury received $1$ non$-$competitive bid and $4$

competitive bids. Assume each bid represents a bid from one individual or one organization.