When one party pays a fixed rate of intere

问题：

When one party pays a fixed rate of interest in an equity swap, which of the following is FALSE()

A. Unlike other swaps, in an equity swap the one-quarter-ahead payment is not known at the end of the previous quarter. 

B. The equity-return payer will receive the fixed-rate minus the equity return. 

C. The fixed-rate receiver will never get more than the fixed rate.