关于HANDBOOK中Total return swap的疑问 exchange, interest, receive, net, 的

manchester88

在HANDBOOK 6TH的page 569  example 23.9:  Helman bank has made a loan of USD 300 million at 6.5% per annum.Helman enters into a TRS under which it will pay the interest on the loan plus the change in the MTM value of the loan, and in exchange Helman will receive LIBOR+50bp . Settlement payment are made semiannually.What is the cash flow on the first settlement date if the MTM value of the loan falls by 2% and LIBOR is 4%?
A  net inflow of 9 million

B  net inflow of 12 million

C  net outflow of 9 million
D  net outflow of 12 million

此题的标准答案为C，但我有个疑问，就是“MTM value of the loan falls by 2%”，这个2%在答案中算做cash outflow，但与前面Page 567 的example 有矛盾之处 ，前面的范例将资产的减值算做cash inflow ,到底哪个是正确的？