If you have three years left on a five-year floating rate based on bbalibor paid quarterly, and you want to transform it into a fixed rate loan using a swap, which of the following would be an appropriate method?

Select one:

a. Enter a five-year receive floating, and pay a fixed swap where the swap rate is paid quarterly.

b. Enter a four-year receive fixed, and pay a floating swap where the swap rate is paid quarterly.

c. Enter a three-year receive fixed, and pay a floating swap where the swap rate is paid quarterly.

d. Enter a three-year receive floating, and pay a fixed swap where the swap rate is paid quarterly.

e. Enter a five-year receive fixed, and pay a floating swap where the swap rate is paid quarterly.