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Using the CAFR for the City of Los Angeles, answer the following question: The value of...

Using the CAFR for the City of Los Angeles, answer the following question:

The value of investments held by the Pension Funds:

Increased in value.

Decreased in value.

Changes in value cannot be determined by the financial statements.

Remained the same value
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Answer #1
Decreased in Value

As refer to CAFR of the Country los Anagles we found that There is huge decrease in Investment Value of Pension fund During the Current Year net pension fund decreased by $935 million
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