Which of the following statements about bank bills is false?

Select one:

a. The interest rate on a bank overdraft is generally higher than the yield on a Treasury bond.

b. The interest rate on a bank bill is generally lower than the yield on a Treasury note.

c. The interest rate on a bank bill is generally higher than on a bank overdraft.

d. The interest rate on a bank overdraft is generally higher than the yield on a Treasury note.