HIP Bank (HIP) often enters into interest rate swaps with ADB Banking Corporation (ADB) on terms that reflect appropriate counterparty risk. Earlier in the year, HIP and ADB entered into a 3-year swap in which ADB agreed to pay HIP a fixed rate of 5% in return for 6-month Secured Overnight Financing Rate (SOFR) plus a spread. Since the swap was entered into, both banks were downgraded. As a result of the rating changes, the credit spread for HIP has increased from 36 bps to 144 bps, while the credit spread for ADB has increased from 114 bps to 156 bps. Assuming no change in the SOFR curve, if an identical 3-year swap was entered into today, which of the following is the most likely to be correct?