Banks Want to Minimize Their Holdings of Excess Reserves Because

Banks want to minimize their holdings of excess reserves because:

A) they will be penalized by the Federal Reserve System if excess reserves are too high.
B) required reserves are also minimized when banks minimize their holdings of excess reserves.
C) the money multiplier becomes too large if the excess reserves are high.
D) they want to borrow more on the federal funds market.
E) excess reserves earn no interest.