Determine Whether the Statement Is True or False

question 21

True/False

Determine whether the statement is true or false.
-If the payoff matrix of a matrix game contains a saddle point, the optimal strategy for the row
player will be to always choose the row with the largest minimum while the optimal strategy for
the column player will be to always choose the column with the smallest maximum.

---

Definitions:

Fast-growing Companies

Firms that exhibit higher-than-average rates of growth in earnings, revenue, or market share.

Balanced Funds

Mutual funds that invest in a mix of asset classes, typically stocks and bonds, to provide a balance between risk and return.

Unit Investment Trust

An investment company that offers a fixed portfolio of securities in a one-time public offering, and is structured to provide a specific investment objective.

Net Asset Value

The total value of a fund's assets minus its liabilities, often used to calculate the price of a share in a mutual fund or an ETF.