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3 Cards in this Set

  • Front
  • Back

Insurance Leverage

Reserves/Policyholders' Surplus=(Premiums Written/Policyholders'Surplus)*(Reserves/Premiums Written)

Annual Rate of Return for a Stock

={Dividend+Capital Gain)/ Share Price at the Beginning of the Year

Annual Rate of Return for a Bond

=(Interest+Capital Gain/Bond Price at the Beginning of the Year