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If Your Competitive Bid for a Treasury Bill Is Successful,then

Question 40

Multiple Choice
If your competitive bid for a Treasury bill is successful,then you will

If your competitive bid for a Treasury bill is successful,then you will


A) certainly pay less than if you had submitted a noncompetitive bid.
B) probably pay more than if you had submitted a noncompetitive bid.
C) pay the average of prices offered in other successful competitive bids.
D) pay the same as other successful competitive bidders.

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