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The second component of pension expense, interest expense, should be computed using Select one: a. The rate at which the company can effectively settle pension
The second component of pension expense, interest expense, should be computed using
Select one:
a. The rate at which the company can effectively settle pension benefits.b. The prime interest rate in effect on the date of the plan origination.c. The prime interest rate in effect during the current year.d. The incremental borrowing rate for the company.e. The incremental borrowing rate for the employeesStep by Step Solution
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