(1) There is no amount restrictions regarding non-competitive bids, while competitive bidders are only permitted to bid for less than 35% shares of one single issue. (II) Most institutional dealers for T-bills will submit bids in the form of noncompetitive bids. Select one: a. (1) is true, (II) false. b. (I) is false, (II) true. c. Both are true. d. Both are false. (1) There is always a negative relationship between YTM and prices of bond; (II) A discount bond is bought at a price below its face value, and the face value is repaid at the maturity date. Select one: O a. () is true, (II) false. b. (l) is false, (II) true. c. Both are true. d. Both are false