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Pension plan assets were $120 million at the beginning of the year and $130 million at the end of the year. The return on plan
Pension plan assets were $120 million at the beginning of the year and $130 million at the end of the year. The return on plan assets was 5%. At the end of the year, cash invested in the pension fund was $8 million. What was the amount of the retiree benefits paid by the trustee? (Enter your answer in millions.)
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