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XYZ SA, a hypothetical company, offers its employees a defined benefit pension plan. Information on XYZ's retirement plans is presented in Exhibit 2. It also grants stock options to executives. Exhibit 3 contains information on the volatility assumptions used to value stock options.

Th e retirement benefits paid during the year were closest to:

A. 280.

B. 3,000.

C. 4,000.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91769255

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