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5 . An insurer has an expense ratio 3 2 % and pays a dividend ratio of 1 % . If they have the following

5. An insurer has an expense ratio 32% and pays a dividend ratio of 1%. If they have the following loss ratio, what investment yield ratio do they need to break even?
a.67%(0%) b.70%(3%)
c.73%(6%)*correct answers are in parenthesis*

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