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An insurance companys projected loss ratio is 77.03 percent, and its loss adjustment expense ratio is 11.05 percent. It estimates that commission payments and dividends

An insurance companys projected loss ratio is 77.03 percent, and its loss adjustment expense ratio is 11.05 percent. It estimates that commission payments and dividends to policyholders will add another 18.9 percent. What is the minimum yield on investments required in order to maintain a positive operating ratio? (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)

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