With regards to the retirement income plan only the company, Financial Accounting

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With regards to the retirement income plan only the company

With regards to the Retirement Income plan (only), the company lowered the discount rate it uses in 2015 (from 4.39% to 4.05%). What effect will this decrease in discount rate have on the funded status, economic cost and reported cost of the company’s Retirement Income plan?

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Financial Accounting: With regards to the retirement income plan only the company

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