An insurance company’s projected loss ratio is 80.4 percent, and its expense ratio is 23.9 percent. It estimates that di

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answerhappygod
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An insurance company’s projected loss ratio is 80.4 percent, and its expense ratio is 23.9 percent. It estimates that di

Post by answerhappygod »

An insurance company’s projected loss ratio is 80.4 percent, and
its expense ratio is 23.9 percent. It estimates that dividends to
policyholders will add another 5 percent. What is the minimum yield
on investments required in order to maintain a positive operating
ratio? (LG 15-6)
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