[单选题]

Craig Grant has entered into a $10 million quarterly-pay equity swap based on the NASDAQ stock index as the 8% fixed rate payer when the index is at 2,750.
Which of the following is most accurate?

A.He will make a payment of $200,000 on the second payment date if the index is 2,750.

B.He will neither make nor receive a payment on the first settlement date if the index is 2,805.

C.If the index at the first settlement date is 2,782,he must make a payment at the second settlement date.

参考答案与解析:

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