In an auction of $100 million of bonds, there are only two competitive bidders. And B. A bids for $200 million at the yield 4.1% and B bids for $100 million of the bonds at the yield 4.1%. What are the amounts that the seller should distribute the bonds to A and B respectively
In an auction of $100 million of bonds, there are only two
competitive bidders. And B. A bids for $200 million at the yield 4.1% and B bids for $100 million of the bonds at the yield 4.1%. What are the amounts that the seller should distribute the bonds to A and B respectively