Natalie Johansson, the treasurer of UK-based Kensington Companies, wishes to borrow at a floating rate in Swiss Francs (CHF) to fund the companys Swiss operations. Kensington Companies is well-known in the UK and will more easily place bonds with UK investors, so the company issues GBP 10,000,000 in three-year, semiannual fixed coupon bonds. To convert the debt to CHF, Johansson wishes to enter into a currency swap. The currency swap most likely to meet Johanssons needs is a:

Group of answer choices

A) pay floating CHF, receive fixed GBP with semiannual swap payments for 5 years.

B) pay fixed GBP, receive floating CHF with semiannual swap payments for 5 years.

C) pay floating GBP, receive fixed CHF with semiannual swap payments for 5 years.

D) pay fixed CHF, receive fixed GBP with semiannual swap payments for 5 years.