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JamesLu JamesLu
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Which statement about a company's cost of risk is (are) true?
I.   Cost of risk includes insurance premiums and retained losses.
II.   Reducing the cost of risk increases profitability.
A) I only
B) II only
C) both I and II
D) neither I nor II
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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