Use the Below Payoff Table with Four Mortgage Options to Answer

Use the below payoff table with four mortgage options to answer the following question(s) .
-Which of the following decisions is chosen in a minimax strategy?

A) the decision corresponding to the maximum value of the largest cost
B) the decision corresponding to the maximum value of the smallest cost
C) the decision corresponding to the minimum value of the smallest cost
D) the decision corresponding to the minimum value of the largest cost

Correct Answer:

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