In a Perfect Information Auction

Multiple Choice

In a perfect information auction:

A) All bidders private valuations are common knowledge.
B) Only the highest bidder's private valuation is common knowledge.
C) Only the lowest bidder's private valuation is common knowledge.
D) None of the bidders' private valuations are common knowledge, although the reservation price and the rules of the auction is known to each of the auction participants.
E) None of the above.