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Which of the following statements is true: a. U.S. Treasuries are sold via multi-price auctions b. Noncompetitive bids get full quantity demanded. c. Individuals cannot

Which of the following statements is true:

a. U.S. Treasuries are sold via multi-price auctions

b. Noncompetitive bids get full quantity demanded.

c. Individuals cannot participate in treasury auctions.

d. All treasury auction bids must be competitive.

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