xyz sa a hypothetical company offers its employees a defined benefit pension plan in 1557357

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.

Assuming the company chooses not to immediately recognize the actuarial loss and assuming there is no amortization of past service costs or actuarial gains and losses, the amount of periodic pension cost that would be reported in P&L under US GAAP is closest to:

A. 20.

B. 59.

C. 530.