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 stock.
B) assumed that as the interest rate rose speculators would move from bonds to money.
C) assumed that as the interest rate fell speculators would move from money to bonds.
D) None of the above is correct.