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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

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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 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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