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What the projected benefit obligation

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Question - Data for 2016 were as follows: PBO, January 1, $240,000 and December 31, $270,000; pension plan assets (fair value) January 1, $180,000, and December 31, $230,000. What the projected benefit obligation was underfunded at the end of 2016?

a. $40,000.

b. $30,000.

c. $60,000.

d. $20,000.

Reference no: EM132842318

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