单选题 Assume the following information relating to a swap agreement. The swap covers a five-year period and involves annual payments on a $1000000 notional principal amount. Party A is the pay-fixed counterparty and agrees to pay a fixed rate of 9% to Party B. In return, Party B, the receive-fixed counterparty, agrees to pay a floating rate of LIBOR to Party A. Party A pays: A. $87500 each year to Party B. B. $90000 each year to Party B. C. $2500 each year to Party B.
【正确答案】 B
【答案解析】Party A pays $90000each year to Party B. $1000000 ×9% = $90000