Suppоse thаt yоu оbserve the following swаp rаtes for annually settled swaps: the 1-year swap rate is 2%, the 2-year swap rate is 3% and the 3-year swap rate is 4%. You also observe the following overnight index swap (OIS) rates: the 1-year OIS rate is 1.5%, the 2-year OIS rate is 2.5%, and the 3-year OIS rate is 3.5%. Under OIS discounting, and ignoring the impact of any differences in day-count conventions, what is the mark-to-market value (per 100 notional) of a 2-year annually settled swap in which you pay fixed at 4%?