25. Bonds are often evaluated by comparing the present value of the payments the bondholder gets to the price you have to pay to get the bond. If the price is less than the present value then the bond is a good deal. Suppose a bond has a face value (also called principal) of $100 which is repaid in 2 years and it pays annual coupons of 4% both next year and the year after that. What is the present value of the payments if you use a discount rate of 5%