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Title: Given a 25% chance of a 600,000 bushel yield and a 75% chance of a 500,000 bushel yield, what ... Post by: elf_fu on Jul 6, 2017 Given a 25% chance of a 600,000 bushel yield and a 75% chance of a 500,000 bushel yield, what quantity should the farmer hedge in order to protect against an uncertain harvest? Assume the farmer is willing to take reasonable risk.
A) 0 B) 500,000 C) 525,000 D) 600,000 Title: Re: Given a 25% chance of a 600,000 bushel yield and a 75% chance of a 500,000 bushel yield, what ... Post by: phuongha2892 on Jul 6, 2017 Content hidden
Title: Re: Given a 25% chance of a 600,000 bushel yield and a 75% chance of a 500,000 bushel yield, what ... Post by: elf_fu on Sep 13, 2017 Thank you :heart:
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