a. If the loss ratio on a line of property insurance is 74 percent, the loss adjustment expense is 14.4 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 yields of 7 percent are added? Whether the line of property insurance is profitable Whether the line of property insurance is profitable An insurance company's projected loss ratio is 77.9 percent, and its expense ratio is 24.3 percent. It estimates that dividends to policyholders will add another 17 percent. What is the minimum yield on investments required in order to maintain a positive operating ratio? (Round your answer to 2 decimal places. (e.g., 32.16)) Minimum yield on investments a. If the loss ratio on a line of property insurance is 74 percent, the loss adjustment expense is 14.4 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 yields of 7 percent are added? Whether the line of property insurance is profitable Whether the line of property insurance is profitable An insurance company's projected loss ratio is 77.9 percent, and its expense ratio is 24.3 percent. It estimates that dividends to policyholders will add another 17 percent. What is the minimum yield on investments required in order to maintain a positive operating ratio? (Round your answer to 2 decimal places. (e.g., 32.16)) Minimum yield on investments