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9 May, 17:28

You examine the balance sheet of an insurance company and note that its assets are made up mainly of U. S. Treasury bills and commercial paper. Is this more likely to be the balance sheet of a property and casualty insurance company or a life insurance company?

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  1. 9 May, 21:21
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    It is more likely to be the balance sheet of a property and casualty insurance company.
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