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International Paper's 2016 annual report disclosed the following pension information: Benefit obligations...

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Accounting

International Paper's 2016 annual report disclosed the following pension information:

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Benefit obligations and fair values of plan assets as of December 31, 2016, for International Paper's pension and postretirement plans are as follows: a. What is the funded status of the company's U.S. pension plans? What proportion of total pension obligation is funded? b. What proportion of total post-employment obligation is funded? Briefly explain why this is so

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