The final settlement (maturity) prices for US and Australian interest rate futures are quoted as "95". Assuming positions in each with the same dollar (face) value, which is true about the actual settlement payment? Select one:

a. The Australian price for bank bills depends on which is cheapest to deliver

b. The Australian price for bank bills is less than the US price for T-bills.

c. The Australian price for bank bills is greater than the US price for T-bills.

d. The Australian price for bank bills is sometimes greater and sometimes less than the US price for T-bills.