only need to answer Q7

Question 6 3 pts The treasury auctions (single-price Dutch auction) $10 billion of 3 months T-bills. It receives $2 billion of non-competitive bids. The treasure also receives the competitive bids below in no particular order. What is stop out yield? (hint: you need rank the bidding price first) Yield(%) Price per $1 of par Amount bid 2.25 0.955 2.5 1.25 0.975 4 2.75 0.945 4.5 1.75 0.965 3 3 3.25 0.935 1 2.75% 1.25% 2.25% None is correct Question 7 3 pts Based on the information of question 6, how much revenue does the Treasury receive from this auction? None is correct 9.450 billion 7.640 billion 9.550 billion