Actors Limited had property valued at $600,000 and insured for $425,000. The fire insurance policy contained an 75% coinsurance clause. What was the coverage ratio? (Round to the nearest percent)

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The Answer of Actors Limited had property valued at $600,000 and insured for $425,000. The fire insurance policy contained an 75% coinsurance clause. What was the coverage ratio? (Round to the nearest percent)

Actors Limited Had Property Valued at $600,000 and Insured for $425,000