Cornerstone Insurance Companys total assets according to statutory accounting are $570 million. The fair value...
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Accounting
Cornerstone Insurance Companys total assets according to statutory accounting are $570 million. The fair value of the assets is $600 million. The fair value of the companys liabilities is $400 million. Assuming a market value margin of $20 million, what is Cornerstones market value surplus (MVS)?
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