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The projected benefit obligation was $360 million at the beginning of the year. Service cost for the year was $20 million. At the end of
The projected benefit obligation was $360 million at the beginning of the year. Service cost for the year was $20 million. At the end of the year, pension benefits pald by the trustee were $16 million and there were no pension-related other comprehensive Income accounts requiring amortization. The actuary's discount rate was 5%. What was the amount of the projected benefit obligation at year-end? End of the year PBO million
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