请问C为什么不可以

问题如下：

A $100 million portfolio is allocated 70% to domestic stocks and 30% to international stocks. The manager wants to decrease the exposure to domestic stocks and invest the fund to international stocks by equity swap. The best choice to structure the swap is?

选项：

A.

pay domestic stocks’ return and receive international stocks’ return

B.

pay international stocks’ return and receive domestic stocks’ return

C.

pay domestic stocks’ return and receive bond’s return.

解释：

A is correct.

考点：equity swap

解析：

现在投资者希望减少domestic stock头寸，增加international stock头寸，所以应该支付domestic stock收益，换取（收到）international stock的收益。