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

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Which of the following statements regarding retirement analysis is correct? O Performing a Monte Carlo Analysis will eliminate the risks associated with retirement planning O Small inaccuracies in the earnings rate or inflation rate will not have much impact over a long period of time. 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. O A Monte Carlo Analysis calculates three scenarios: a best case, an expected case, and a worst case basis

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