A Table That Shows the Possible Payoffs Each Firm Earns

question 30

Multiple Choice

A table that shows the possible payoffs each firm earns from every combination of strategies by all firms is called

• A)an earnings table.
• B)a payoff table.
• C)a payoff matrix.
• D)a strategic matrix.

---

Definitions:

Future Value

The value of an investment or cash flow at a specific future date, considering compound interest.

Dirty Price

The price of a bond including accrued interest, also known as the full or invoice price. This is the price the buyer actually pays.

Clean Price

The price of a bond excluding any accrued interest; the price that is typically quoted in the bond market.

Quoted Price

The last price at which a security or commodity was traded and is publicly available.