An interest rate swap has three years of remaining life. Payments are exchanged annually. Interest at $2\mathrm{.}0\%$ is paid and $12-$month LIBOR is received. An exchange of payments has just taken place. The one$-$year, two$-$year and three$-$year LIBOR$/$swap zero rates are $2\mathrm{.}2\%,3\mathrm{.}3\%$ and $4\mathrm{.}3\%$ per annum. All rates an annually compounded. What is the value of the swap as a percentage of the principal when OIS and LIBOR rates are the same.$$

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Round off to $2$ places of decimals and do not use the percentage sign.

Remember, the present value of a future cash flow after, for example $2$ years, at annually compounded OIS rate $($e$.$g$.5\%$ per annum two$-$year OIS rate$)$ would be FV$/((1\mathrm{.}05)^2)$