The following table contains the possible actions and payoffs of players 1 and 2. Player 2 Player 1 a. 50 b. C. d. e. Cooperate Not Cooperate This game is repeated 100 times, and at each period both players must choose their actions simultaneously. The players are deciding whether or not to cooperate. They are considering a simple agreement: Cooperate as long as no firm has deviated, and Not Cooperate forever if some firm deviates. Players discount the future according to the interest rate r=0.60. In this case, how many times will the players cooperate? Cooperate 450, 450 700, 100 100 60 40 None of the above Not Cooperate 100, 700 300, 300