Drake and Josh both own $1 million investment. Drakes pays variable LIBOR +1% each quarter joshes pays fixed 1.5% each quarter. Drake hates the volatility so he prefers a fixed investment. Josh loves the volatility so he prefers a very low investment. Drake and Josh enter a vanilla swap where they switch terms. If LIBOR is reported at 0.25% Drake: A. Loses $2500 to Josh B. Nets $2500 from Josh C. Profits $5000 D. Earns a total of $17,500