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Default Validation List - Word and Numeric Association


I'm having a little difficult figuring out how to implement a validatio
list in a worksheet I am developing.

I have a cell that should have a validation or drop-down list with onl
5 choices. For example, the validation list would display words (ie
Premium, Elite, Superior, etc.), but once the word is selected it ha
to correspond to a static numeric percentage that is used for
calculation at other locations in the spreadsheet.

The word still needs to appear in the cell, however, the static numeri
percentage associated with it's partner word must be th
hidden/background result when it's partner word is selected.

The list consists of the following and in two columns

Static Loss Pools
============
Premium 0.69%
Elite 1.18%
Superior 1.67%
Preferred 2.72%
Classic 4.09%

Thanks in advance for any guidance

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