3. Which of the following about interest rate swaps is NOT correct? A. An interest rate swap allows a company to change the net characteristics of its interest rate cash flows. B. An interest rate swap is based on interest rates worked out on a notional principal. C. If a company has a fixed-rate loan it can enter into an interest rate swap whereby the bank lender will pay it a variable rate to net out the fixed rate from the company. D. A cross-currency swap involves the exchange and interest payments based on a fixed exchange rate.

why c is not correct??