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On January 1, 2021, a company had the following balances: Projected benefit obligation $7,100 Fair value of plan assets 5,800 Other data related to the
On January 1, 2021, a company had the following balances:
Projected benefit obligation $7,100
Fair value of plan assets 5,800
Other data related to the pension plan for 2021:
Service cost 586
Interest cost 365
Contributions to the plan 443
Benefits paid 270
Decrease in projected benefit obligation
due to changes in actuarial assumptions 228
Actual return on plan assets 154
How much is the projected benefit obligation on December 31, 2021?
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Capital Market Instruments Analysis And Valuation
Authors: M. Choudhry, D. Joannas, G. Landuyt, R. Pereira, R. Pienaar
3rd Edition
0230576036, 9780230576032
