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Projected benefit obligation was $300 million at the beginning of the year and $321 million at the end of the year. At the end of
Projected benefit obligation was $300 million at the beginning of the year and $321 million at the end of the year. At the end of the year, pension benefits paid by the trustee were $13 million and there were no pension-related other comprehensive income accounts. The actuarys discount rate was 5%.What was the amount of service cost for the year? Enter your answer in millions (i.e. 5,000,000 should be entered as 5).
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