[单选题]

A portfolio manager enters into an equity swap with a swap dealer. The portfolio manager agrees to pay the return on the Value Index and receive the return on the Growth Index. The swap's notional principal is $50 million, and the payments will be made semi-annually. The levels of the equity indices are as follows:

The net amountowedtothe portfolio manager aftersix monthsis closest to:

A.$1,427,494.

B.$1,007,326.

C.$587,158.

参考答案与解析:

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