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Consider the Two-Person,zero-Sum Game Having the Following Payoff Table

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Essay

Consider the two-person,zero-sum game having the following payoff table. Consider the two-person,zero-sum game having the following payoff table.   Determine the optimal strategy and payoff for each player by successively eliminating dominated strategies.Show your reasoning and the order in which you eliminated strategies. Determine the optimal strategy and payoff for each player by successively eliminating dominated strategies.Show your reasoning and the order in which you eliminated strategies.


Definitions:

Maturity Value

The amount payable to an investor at the end of a fixed-term investment including the principal and the interest.

Compounded Annually

Compounding annually is a method where interest is added to the principal sum at the end of each year, impacting the total interest earned or paid.

Objective

A goal or target that is aimed to be achieved, often used in planning and strategy contexts.

Compounded Semi-Annually

Interest on an investment that is calculated twice a year and added to the principal sum, affecting the total interest earned.

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