Distinguish between competitive bidding and non-competitive bidding for treasury securities.

Distinguish between competitive bidding and non-competitive bidding for treasury securities.



Answer: In competitive bidding for securities, buyers submit bids. A noncompetitive bidder accepts the average of the rate paid by the competitive bidders.

Comments

Popular posts from this blog

Examine the collapse of Han. What factors explain how this occurred? How influential in Han Dynasty on Chinese History?

JAD Advantages and Disadvantages

Summarize effective communication strategies in organizational hierarchies, and review the role and relevance of the organizational grapevine