24. Which of the following statements about bills is INCORRECT?

A. There is an active secondary market in bank-accepted bills.

B. Interest rates on bills are usually quoted as compound rates.

C. The drawer has a liability with a bank-accepted bill to pay face value to the acceptor bank.

D. At maturity for a bank-accepted bill, the acceptor will pay face value to the holder.

the answer is B, what's wrong with it? thanks