9. A swap can lower the borrower's cost of funds when it: A. arranges compensation payments when an adverse credit event occurs B. requires both parties to exchange interest and principal payments at the inception of the contract C. exchanges the payments on a loan in one currency for the payments on a loan in another currency D. is a contract that arranges the exchange of payments based on a fixed interest rate for payments on a floating interest rate E. is based the difference between interest rates paid by two borrowers in two markets being narrower than the difference in one market