Computes the excess-payment-to-required-net-single-premium ratio, capped at
one.
Usage
ag38_prefunding_ratio(excess_payment, nsp_required)
Arguments
- excess_payment
Nonnegative excess payment or shadow-fund amount.
- nsp_required
Positive net single premium required to fully fund the
guarantee.
Examples
ag38_prefunding_ratio(60000, 100000)
#> [1] 0.6