Chapter 5 Questions 11 #11 Calculating Perpetuity Values Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $25,000 per year forever. A representative for the company tells you the policy costs $500,000. At what discount rate would this be a fair deal? Inputarea: \begin{tabular}{|lcc|} \hline Perpertuity payment & $ & 25,000 \\ Cost of policy & $ & 500,000 \\ \hline \end{tabular} Output area: Required interest rate Be sure to enter answer as a formula entry. Answer only receives no credit