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.
Answer:D
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.
