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Review Entire Course 21. Which of the following terms refers to the difference between the amount an insurer earns on its invested assets and the

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Review Entire Course 21. Which of the following terms refers to the difference between the amount an insurer earns on its invested assets and the amount it credits to its fixed annuity products? (Search Chapter 3) O a. yield Ob. internal rate of return (IRR) O c. spread Od. minimum guaranteed rate

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