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urgent! please help Which of the following statements is false? Social security is a social safety net signed into law in 1935 by Franklin D.

urgent! please help
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Which of the following statements is false? Social security is a social safety net signed into law in 1935 by Franklin D. Roosevelt in order to provide continuing income to retired U.S. workers. A defined benefit plan is an employer-sponsored retirement plan that provides a prespecified benefit to a company's retirees paid from a pool of funds contributed by the employer. A defined contribution plan is an employer-sponsored retirement plan that provides payments to a retiree from the retiree's individual account that has been accumulating funds and growing during the working life of the retiree. A defined contribution plan is also often called a pension plan. Eclectic Solutions LLC Sum of the Present Values of the Expected Cash Flows Terminal vahe =DiscoumrateLong-termcashflowgrowthrateFinalprojectedyearcashflow(1+Long-termcashflowgrowthrate) You want to determine the value of your business, Eclectic Solutions. You have determined the expected cash flows for the next ten years for the business and calculated the sum of the present values associated with these cash flows using a discount rate of 25%. Referencing the Sum of the Present Values of the Expected Cash Flows schedule above - and assuming the present value of the terminal value of your business is $850,000-what is the equity value of your business? $3,040,034 $1,340,034 $2,281,324 $91,290

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