Cash flows grow at the rate 11% from years 1 to 4, at the rate 6% from years 5 through 10, and then at the rate 4% from years 11 through infinity. Cash flows are paid out starting at t=1. The discount rate is 8%. The time zero cash flow is 1100. What is the present value at time zero of cash flows from year 11 through infinity? What is the present value of all future cash flows?