Author Question: The game in Scenario 13.10 is A) variable-sum. B) constant-sum. C) cooperative. D) a ... (Read 42 times)

Mr3Hunna · **on:** Jul 1, 2018

The game in Scenario 13.10 is

A) variable-sum.
B) constant-sum.
C) cooperative.
D) a Prisoners' Dilemma.
E) a Cournot Production Cross.

Question 2

A bond has a current market value of 800. The holder of the bond will receive a single payment of 1,000 one year from now. The interest rate is 10 percent. The effective yield on the bond is:

A) 200.
B) 10 percent.
C) 25 percent.
D) negative.
E) The yield cannot be determined with the information provided.