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________, There Is a Regular Calendar Auction and Winning Bidders

Question 33

Multiple Choice

________, there is a regular calendar auction and winning bidders are allocated securities at the yield (price) they bid.


A) In the regular calendar auction/Dutch-style auction system
B) In the regular calendar auction/minimum-price offering system
C) In the ad hoc auction system
D) In a tap system

Correct Answer:

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