With Respect to U.S. Treasury Bills

Multiple Choice

With respect to U.S. Treasury bills,

A) the bid price is always greater than the asked price.
B) the asked price is always greater than the bid price.
C) the bid price is only greater than the asked price if investors expect interest rates to decline in the future.
D) the asked price is only greater than the bid price if investors expect interest rates to decline in the future.