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Author Question: Consider the Matching Pennies game: Player B - heads Player B - tails Player A - heads 1, -1 -1, ... (Read 539 times)

audragclark

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on: Jul 1, 2018
Consider the Matching Pennies game:
 
  Player B - heads Player B - tails
  Player A - heads 1, -1 -1, 1
  Player A - tails -1, 1 1, -1
 
  Suppose Player B always uses a mixed strategy with probability of 3/4 for head and 1/4 for tails. Which of the following strategies for Player A provides the highest expected payoff?
  A) Mixed strategy with probability 1/4 on heads and 3/4 on tails
  B) Mixed strategy with probability 1/2 on heads and 1/2 on tails
  C) Mixed strategy with probability 3/4 on heads and 1/4 on tails
  D) Pure strategy in which Player A always selects heads

Question 2

If the payment stream of a bond remains the same and the price of the bond goes down, the
 
  A) effective yield is unchanged.
  B) effective yield rises.
  C) effective yield decreases.
  D) bond is reissued to reflect the higher interest rate.
  E) bond is reissued to reflect the lower interest rate.


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momo1250

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


audragclark

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Reply 2 on: Jul 1, 2018
Gracias!

bigsis44

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Reply 3 on: Yesterday
Excellent

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