Which of the following net bids would win in the Ad Manager auction?

May 28, 2020 PWM

Ad Manager Buyer 4 net bid: $4.60 CPM
Ad Manager Buyer 1 net bid: $4.75 CPM
Ad Manager Buyer 3 net bid: $5.00 CPM
Ad Manager Buyer 2 net bid: $4.50 CPM

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