IfyournoncompetitivebidforaTreasurybillissuccessful,thenyouwill
A. certainlypaylessthanifyouhadsubmittedacompetitivebid.
B. certainlypaymorethanifyouhadsubmittedacompetitivebid.
C. paytheaverageofpricesofferedinothernoncompetitivebids.
D. paythesameasothersuccessfulnoncompetitivebidders.
Answer:D
IfyournoncompetitivebidforaTreasurybillissuccessful,thenyouwill
A. certainlypaylessthanifyouhadsubmittedacompetitivebid. B. certainlypaymorethanifyouhadsubmittedacompetitivebid. C. paytheaverageofpricesofferedinothernoncompetitivebids. D. paythesameasothersuccessfulnoncompetitivebidders.