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Pension data for Fahy Transportation Incorporated include the following: ( $ in millions ) Discount rate, 6 % Expected return on plan assets, 9 %
Pension data for Fahy Transportation Incorporated include the following:
$ in millions
Discount rate,
Expected return on plan assets,
Actual return on plan assets,
Projected benefit obligation, January $
Plan assets fair value January
Plan assets fair value December
Benefit payments to retirees, December
Required:
Assuming cash contributions were made at the end of the year, what was the amount of those contributions?
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