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| rev | Admin | (Created page with "You are given the following information: *Fixed underwriting expenses are negligible. *Variable expenses are stable and equal 10% of premium. *Projected pure premium, including LAE, for the forecast period equals $1,500. If the indicated rate per exposure unit equals $2,000, determine the target profit percentage. <ul style="list-style-type:upper-alpha" class ="d-none"> <li>10%</li> <li>15%</li> <li>20%</li> <li>25% </li> <li>30%</li> </ul>") | Jul 25'24 at 19:32 | +447 |