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An insurance company's projected loss ratio is 77.6 percent, and its expense ratio is 24 percent. It estimates that dividends to policyholders will add another
An insurance company's projected loss ratio is 77.6 percent, and its expense ratio is 24 percent. It estimates that dividends to policyholders will add another 6 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 %
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