Which statement about delaying retirement until age 70 is true? A. All retirees receive the same Social Security benefits regardless of when they retire.

B. People will have less savings in other retirement accounts.

C. Monthly payments will be higher for those who delay retirement.

D. There is no advantage in waiting beyond the full retirement age to
receive Social Security benefits.

Imprudential, inc., has an unfunded pension liability of $572 million that must be paid in 25 years. to assess the value of the firm’s stock, financial analysts want to discount this liability back to the present. if the relevant discount rate is 6.5 percent, what is the present value of this liability? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e. g., 1,234,567.89)