The discount rate did UPS apply to compute its U.S. pension benefits liability for 2014 is 4.4%. The discount rate did UPS apply to compute its U.S. pension benefits liability for 2013 is 5.32%. What was the approximate movement in 10 year interest rates in the period Dec 31, 2013 to Dec 31, 2014?

Answer rating: 100% (QA)

Based on the discount rate changes we can infer an approximate decrease in 1... View the full answer