SURVEY OF ACCOUNTING(LL)>CUSTOM PKG.<
SURVEY OF ACCOUNTING(LL)>CUSTOM PKG.<
5th Edition
ISBN: 9781264010653
Author: Edmonds
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 16, Problem 1ATC

a.

To determine

Ascertain the gross pension liability of the state pension plan at 8% rate of return.

b.

To determine

Ascertain the gross pension liability of the state pension plan at 6% rate of return.

c.

To determine

Explain the reason why states may wish to assume a higher rate of return on their pension plan’s investment than actuaries might recommend.

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Chapter 16 Solutions

SURVEY OF ACCOUNTING(LL)>CUSTOM PKG.<

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