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Gail's Horse Stables Corp. (GHS) provides a defined contribution pension plan for its employees. The agreement includes a mandatory contribution by GHS for all employees, and a matching requirement for employees who contribute their own money to the plan.
Problem 1: What is the total pension expense that GHS will recognize on its statement of comprehensive income for the year ended December 31, 20X8?
a) $375,000
b) $400,000
c) $447,000
d) $450,00
The market price of the common stock at the beginning of 2020 is $1,000. What is the required rate of return on Carpe Diem Limited's common stock?
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