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Auctioning Securities Lawrence M Auctioning Securities Lawrence M

Auctioning Securities Lawrence M - PDF document

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Auctioning Securities Lawrence M - PPT Presentation

Ausubel and Peter Cramton University of Maryland March 1998 first draft February 1997 Abstract Treasury debt and other divisible securities are traditionally sold in either a payyourbid discriminatory auction or a uniformprice auction We ID: 58996

Ausubel and Peter Cramton

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