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Given the following financial data, calculate the insurer's liquidity ratio. Cash $1,000,000 Invested Assets (Cost) $5,000,000 Invested Assets (Market) $5,500,000 Loss and Loss Adjustment Expense
Given the following financial data, calculate the insurer's liquidity ratio. Cash $1,000,000 Invested Assets (Cost) $5,000,000 Invested Assets (Market) $5,500,000 Loss and Loss Adjustment Expense Reserves $4,500,000 Unearned Premium Reserve $1,000,000 Investment Income $500,000 Available answer options Select only one option A 1.09 B 1.18 C 1.27 D 1.44
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