Which of the following statements are true?

The value of a swap at initiation is 1.

Basis spread is the rate differential added to the lower of two floating rates in a swap.

Swaps are standardized exchange traded instruments.

If you are a borrower with a variable interest loan and you are worried about rising interest rates, entering into a plain vanilla swap in which you are paying fixed and receiving floating creates a hedge.

The present value of floating rate payments in a swap, at initiation, is always 1.

If you are paying a fixed interest rate and receiving a stock's return in a swap, and the stock's return is negative, you have to pay more than the interest payment to the other party.

I have seen this question all over CHEGG and it seems no Tutor was able to get it right. I hope you will stop that chain of mistake.