. Determine which of the following scenarios is true: (1) Historically in the U.S. interest rates on three-month Treasury bills on average are higher than interest rates on Treasury bonds. (2) Historically in the U.S. interest rates on Treasury bonds on average are lower than interest rates on corporate Baa bonds. (a) (1) is true, (2) is false. (b) Both are true. (c) (1) is false, (2) is true. (d) Both are false.