During their meeting, Brian told Kirk that the firm(When in Doubt, Hedge!) had been forced to use floating-rate loans for expansion due to their low credit rating. Although long-term rates were higher, the firm(When in Doubt, Hedge!) would have preferred to match the maturity of the debt with the duration of their financing need. Besides, short-term rates had been rising and were expected to continue going up due to rising inflation expectations. The firm(When in Doubt, Hedge!) currently had borrowed $2 million at a floating rate of prime plus 1% (currently 6.5%). Longer-term, fixed rate debt was available at 9% per year. Brian had heard about interest rate swaps and asked Kirk to explain to him how Pre-Fab could use a swap to minimize their interest rate risk. How should Kirk respond?