可以解释一下这道题吗？应该如何画图？
The current exchange rate is 0.7 USD/CAD. In a US$ 1 million fixed-for-floating currency swap, the party that is entering the swap to hedge an existing exposure to a C$-denominated fixed-rate liability will:
A. receive $1m at the termination of the swap
B. pay a fixed rate based on the yield curve in the United States
C. receive fixed rate based on the yield cureve in Canada
