单选题
编号：2685868
1. 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.