Keynes's "Speculative Motive" for Holding Money

Keynes's "speculative motive" for holding money

A) was based on the behavior of speculators who make gains by switching their asset holdings between bonds and common stocks.
B) assumed that as the interest rate rose speculators would move form bonds to money.
C) assumed that as the interest rate fell speculators would move from money to bonds.
D) assumed that there was some "normal" interest rate to which the market would return.