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Pension plan assets were $1,100 million at the beginning of the year and $1,192 million at the end of the year. At the end of

Pension plan assets were $1,100 million at the beginning of the year and $1,192 million at the end of the year. At the end of the year, retiree benefits paid by the trustee were $26 million and cash invested in the pension fund was $30 million. What was the percentage rate of return on plan assets?

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