If the interest rate is 10% and compounding is semiannual, what series of equal annual transactions is equivalent to the following series of semiannual transactions? The first of the equal annual transactions is to occur at the end of the second year and the last at the end of the fourth year. Time (yr) Period 0 1 2 3 5 5% 0 1 2 3 4 5 6 7 8 10 11 Cash Flow SO 600 500 400 300 200 100 300 500 700 900 1100