I need answers for both questions please?

Calculating Perpetuity Values [LO1] The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $40,000 per year forever. If the required return on this investment is 5.1 percent, how much will you pay for the policy? Calculating Perpetuity Values [LO1] In the previous problem, suppose a sales associate told you the policy costs $650,000. At what interest rate would this be a fair deal