Spring 2019 #12
I believe there's a mistake (but it won't affect how you go through the problem).
The prepaid expense ratio should be given for Home only, not all lines (see Odomirok page 235, Prepaid Expense Ratio).
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I believe there's a mistake (but it won't affect how you go through the problem).
The prepaid expense ratio should be given for Home only, not all lines (see Odomirok page 235, Prepaid Expense Ratio).
Comments
Yes, it is ordinarily line-specific, but here, it is given that it's the same for all lines.