Can you please help me explain why the us treasury switched to uniform price auctions in 1998?

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Can you please help me explain why the us treasury switched to uniform price auctions in 1998?

Answered Same DayDec 22, 2021

Answer To: Can you please help me explain why the us treasury switched to uniform price auctions in 1998?

Robert answered on Dec 22 2021
130 Votes
Uniform Price Auction
Can you please help me explain why US treasury switched to uniform price auc
tions in 1998?
Solution:- There are two main reason why US treasury switched to uniform price auctions in
1998, these are as follows:-
1) Switching to a uniform-price auction would reduce the...
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