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An insurance company's projected loss ratio is 78.4 percent, and its expense ratio is 24.8 percent. It estimates that dividends to policyholders will add another
An insurance company's projected loss ratio is 78.4 percent, and its expense ratio is 24.8 percent. It estimates that dividends to policyholders will add another 14 percent: a, What is the combined ratio of this line? % b. What is the minimum yield on investments required in order to make this line profitable
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