For an Ordinary Interest Rate Swap Already in Place,if Counterparty

Multiple Choice

For an ordinary interest rate swap already in place,if counterparty A's obligation for one year is $100 000 and counterparty B's obligation is $120 000:

A) counterparty A will pay counterparty B $20 000
B) counterparty A will pay counterparty B $100 000
C) counterparty B will pay counterparty A $20 000
D) counterparty B will pay counterparty A $120 000