3. A financial security is not expected to have any cash flows for the coming three years. At the end of year four, it is expected to have a cash flow of $1,345. That cash flow is expected to grow at a constant rate of 4.82% in perpetuity. The required return on the security is 9.40%. How much would you be willing to pay for that security today? 4. A six-year, 8% (annual) bond has a YTM of 10%. At what price should the bond be trading