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

question 63

Multiple Choice

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

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