A bank borrows funds by issuing CDs with a variable rate equal to the prime rate plus 0.5%. The bank has the opportunity to invest in a 7-year loan that will pay 7% fixed interest. Which of the following swaps would allow the bank to lock in a 75 basis point spread between the cost of the CDs and the interest income from the loan?

a: Paying 6.25% fixed and receiving prime plus 0.5%

b:Paying 11% fixed and receiving prme plus 5.25%

c:Paying 7% fixed and receiving prime plus 1.25%

d:All of the above