1. Albert has an investment worth 254,091 dollars. The investment will make a special payment of X dollars to Albert in 3 month(s) and the investment also will make regular, fixed monthly payments of 2,950 dollars to Albert forever. The expected return for the investment is 1.25 percent per month and the first regular, fixed monthly payment of 2,950 dollars will be made to Albert in 1 month. What is X, the amount of the special payment that will be made to Albert in 3 month(s)?

2. An investment, which has an expected return of 12.83 percent, is expected to make annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash flows are expected to grow at a constant rate of 3.36 percent per year. The cash flow in 1 year from today is expected to be 22,550 dollars. What is the present value (as of today) of the cash flow that is expected to be made in 6 years?

Please answer both questions and show work