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An insurance companys projected loss ratio is 64.8 percent and its expense ratio is 25.6 percent. The company estimates that dividends to policyholders will be
An insurance companys projected loss ratio is 64.8 percent and its expense ratio is 25.6 percent. The company estimates that dividends to policyholders will be 6 percent. What must be the minimum yield on investments to achieve a positive operating ratio?
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