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6. Which of the following statements regarding retirement analysis is correct? a. Performing a Monte Carlo Analysis will eliminate the risks associated with retirement planning.

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6. Which of the following statements regarding retirement analysis is correct? a. Performing a Monte Carlo Analysis will eliminate the risks associated with retirement planning. b. Small inaccuracies in the earnings rate or ination rate will not have much impact over a long period of time. c. Sensitivity analysis consists of rotating each variable assumption toward the undesirable side of the risk to determine the negative impact a small change will have on the overall plan. d. A Monte Carlo Analvsis calculates three scenarios: a best case. an expected case. and a worst case basis

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