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Question 9 9. Which of the following statements about financial ratios is (are) true? 1. A liquidity ratio less than 1 means an insurer can

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Question 9 9. Which of the following statements about financial ratios is (are) true? 1. A liquidity ratio less than 1 means an insurer can meet its obligations as they come due. II. A combined ratio greater than 1 means an underwriting loss has occurred. a. I only b. ll only c. Both I and II d. Neither I nor II b d

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