Choose the correct statement regarding a simple interest rate swap:

Group of answer choices:

Anticipated increase of short-term interest rates (for example, LIBOR) decreases the value (attractiveness) of swap to the fixed-rate payer.

Anticipated increase of short-term interest rates (for example, LIBOR) increases the value (attractiveness) of swap to the floating-rate payer.

Anticipated increase of short-term interest rates (for example, LIBOR) increases the value (attractiveness) of swap to the fixed-rate payer.

Anticipated decrease of short-term interest rates (for example, LIBOR) decreases the value (attractiveness) of swap to the floating-rate payer.