An investment is expected to generate 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 annually. We know that the cash flow expected in 3 year(s) from today is expected to be 1,420 dollars and the cash flow expected in 9 years from today is expected to be 3,160 dollars. What is the cash flow expected to be in 6 years from today?

An investment, which has an expected return of 10.11 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 4.26 percent per year. The cash flow in 1 year from today is expected to be 39,950 dollars. What is the present value (as of today) of the cash flow that is expected to be made in 8 years?