$\begin{array}{rrr}
\text { Bidder } & \text { Price Bid } & \text { Quantity Bid (billion) } \
\text { A } & \$ 9,380 & \$ 19 \
\text { B } & \$ 9,410 & \$ 15 \
\text { C } & \$ 9,440 & \$ 13 \
\text { D } & \$ 9,460 & \$ 10 \
\text { E } & \$ 9,490 & \$ 9 \
\text { F } & \$ 9,510 & \$ 6
\end{array}$
-The Bank of Canada announced a Treasury bill auction with $50 billion available. In addition, noncompetitive bids totaled $12 billion. What was the cut-off yield?

Question

Quizplus · Accepted Answer

The Answer of $\begin{array}{rrr}
\text { Bidder } & \text { Price Bid } & \text { Quantity Bid (billion) } \
\text { A } & \$ 9,380 & \$ 19 \
\text { B } & \$ 9,410 & \$ 15 \
\text { C } & \$ 9,440 & \$ 13 \
\text { D } & \$ 9,460 & \$ 10 \
\text { E } & \$ 9,490 & \$ 9 \
\text { F } & \$ 9,510 & \$ 6
\end{array}$
-The Bank of Canada announced a Treasury bill auction with $50 billion available. In addition, noncompetitive bids totaled $12 billion. What was the cut-off yield?

-The Bank of Canada Announced a Treasury Bill Auction with