Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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5. What is the amount of non-competitive bids accepted?
Question 20
6. What is the amount of non-competitive bids tendered?
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Transcribed Image Text:5. What is the amount of non-competitive bids accepted? Question 20 6. What is the amount of non-competitive bids tendered?
You obtained a sample of Treasury bill auction results, but some of the key info is missing. Based on
the information provided in the table below, answer the following questions.
Treasury Auction Results
56-day Bill
Term and Type of
Security
CUSIP Number
High Rate
Allotted at High
Price
Investment Rate
Median Rate
Low Rate
Issue Date
Maturity Date
917536YD6
2.875%
(missing)
(missing)
(missing)
2.750%
2.500%
Total
September 30,
2022
November 25,
2022
Tendered
Accepted
Competitive $110,325,483,000 $5,051,300,500
Noncompetitive (missing)
(missing)
$6,611,971,000
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Transcribed Image Text:You obtained a sample of Treasury bill auction results, but some of the key info is missing. Based on the information provided in the table below, answer the following questions. Treasury Auction Results 56-day Bill Term and Type of Security CUSIP Number High Rate Allotted at High Price Investment Rate Median Rate Low Rate Issue Date Maturity Date 917536YD6 2.875% (missing) (missing) (missing) 2.750% 2.500% Total September 30, 2022 November 25, 2022 Tendered Accepted Competitive $110,325,483,000 $5,051,300,500 Noncompetitive (missing) (missing) $6,611,971,000
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