Which of the following statements is false? a) the long-run growth rate gfcf is typically based on the expected long-run growth rate ofa firmʹs revenues. b) since a firmʹs free cash flow is equal to the sum of the free cash flows from the firmʹscurrent and future investments, we can interpret the firmʹs enterprise value as the total netpresent value (npv) that the firm will earn from continuing its existing projects andinitiating new ones. c) if a firm has no debt, then rwacc equals the risk-free rate of return. d) when using the discounted free cash flow model, we forecast a firmʹs free cash flow up tosome horizon, together with some terminal (continuation) value of the enterprise