An insurance companys projected loss ratio is 64.8 percent and its expense ratio is 25.6 percent. The
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An insurance company’s projected loss ratio is 64.8 percent and its expense ratio is 25.6 percent. The company estimates that dividends to page 505 policyholders will be 6 percent. What must be the minimum yield on investments to achieve a positive operating ratio? (LG 15-6)
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Related Book For 
Financial Markets And Institutions
ISBN: 9781259919718
7th Edition
Authors: Anthony Saunders, Marcia Cornett
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