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a. If the loss ratio on a line of property insurance is 72 percent, the loss adjustment expense is 12.9 percent, and the ratio of

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a. If the loss ratio on a line of property insurance is 72 percent, the loss adjustment expense is 12.9 percent, and the ratio of commissions and other acquisitions expenses is 17 percent, is this line profitable? b. How does your answer to part (a) change if investment ylelds of 7 percent are added

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