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An insurer's actual loss ratio is 0.85. Its expected loss ratio is 0.80. What is the rate change percentage for calculating new rates? O A.
An insurer's actual loss ratio is 0.85. Its expected loss ratio is 0.80. What is the rate change percentage for calculating new rates? O A. -6.25% B. 5.88% O C. 6.25% O D. 5%
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