Coconut Milk Rice

0 Bring the water, milk,  rice, and cinnamon stick to a boil in a large saucepan over medium heat. Bring to a boil, uncovered, stirring occasionally until the water is almost absorbed, 10 minutes.
1 Stir in coconut milk, sugar, vanilla bean seeds and bean, almond extract, butter, and salt. Bring to a boil over medium heat. 
2 Reduce heat to medium-low and cook rice uncovered, stirring often until the mixture has thickened to almost a pudding-like consistency, 20 minutes. Remove from heat add the egg yolk. Mix well and transfer to a large bowl.
3 Remove the cinnamon stick and vanilla bean. Keep the vanilla bean for another use. Discard the cinnamon stick. Serve lukewarm or cold.