An interest rate swap has three years of remaining Eefe. Payments are exchanged annually Interest at 4% is paid and 12 -month LIBOR is received An exchange of payments has just taken place. The one-year, two-year and threo-year LiBOR/swap zero fates are 2%,3% and 5%. All rates are annually compounded. What is the value of the swap as a percentage of the $100 principal value