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Pension plan assets were 91 million at the beginning of the

Question - Pension plan assets were $91 million at the beginning of the year and $97 million at the end of the year. At the end of the year, retiree benefits paid by the trustee were $9 million and cash invested in the pension fund was $5 million.

What was the percentage rate of return on plan assets?

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Accounting Basics: Pension plan assets were 91 million at the beginning of the

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