IfyourcompetitivebidforaTreasurybillissuccessful,thenyouwill
A. certainlypaylessthanifyouhadsubmittedanoncompetitivebid.
B. probablypaymorethanifyouhadsubmittedanoncompetitivebid.
C. paytheaverageofpricesofferedinothersuccessfulcompetitivebids.
D. paythesameasothersuccessfulcompetitivebidders.
Answer:B
IfyourcompetitivebidforaTreasurybillissuccessful,thenyouwill
A. certainlypaylessthanifyouhadsubmittedanoncompetitivebid. B. probablypaymorethanifyouhadsubmittedanoncompetitivebid. C. paytheaverageofpricesofferedinothersuccessfulcompetitivebids. D. paythesameasothersuccessfulcompetitivebidders.