The correct response is:
Yes, it will because iodine is less reactive than chlorine.
In this reaction, chlorine (Cl₂) is more reactive than iodine (I₂). Therefore, chlorine can displace iodine from magnesium iodide (MgI₂), resulting in the formation of magnesium chloride (MgCl₂) and elemental iodine (I₂). The reaction can be represented as follows:
\[ \text{MgI}_2 + \text{Cl}_2 \rightarrow \text{MgCl}_2 + \text{I}_2 \]
This makes it clear that the reaction will occur since a more reactive halogen (chlorine) can replace a less reactive halogen (iodine).