Which of the Following Statements Is NOT Correct? in the Bidding

question 2

Multiple Choice

Which of the following statements is NOT correct? In the bidding process in a Treasury notes auction:

• A)the bidder specifies the quantity of notes desired.
• B)the bidder specifies the yield he/she is willing to get.
• C)only registered bidders can participate to the auction.
• D)the minimum bid is $1,000,000.

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