4 4. a. What is the value at the end of Year 3 of the following cash flow stream if interest is 10%, compounded semiannually? (Hint: You can use the EAR and treat the cash flows as an ordinary annuity) Show your solution 0 2 6 Periods 1 + + + + + 1 0 100 100 100 b. What is the PV? c. How much is the overstatement of your answer on letter b if you used the nominal rate, 10% to discount the payment stream rather than the EAR