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Company A, has an unfunded pension liability of $127 million that must be paid in 18 years. The firm's auditors need to calculate the present
Company A, has an unfunded pension liability of $127 million that must be paid in 18 years. The firm's auditors need to calculate the present value of the liability in order to disclose it in this years financial statements. If the relevant discount rate is 5.8 percent, what is the amount of the liability that should be disclosed?
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