Question: help pleaseee D Question 19 4 pts Use the information below to answer questions 24 and 25 A farmer wants to estimate the fertilizer use

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D Question 19 4 pts Use the information below to answer questions 24 and 25 A farmer wants to estimate the fertilizer use and water use on his corn yield. He estimates the following regression: Yield = 125 + 25Fertilizer + 5Water Where, Yield is in bushels per acre Fertilizer is a dummy variable that takes the value 1 if the farmer uses fertilizer and zero otherwise Water is in gallons/acre What is the relationship between Water use and yield? (select all that apply) None of the answers are correct If water use increases by 1 gallon per acre, yield would increase by 5 bushels per acre If water use decreases by 1 gallon per acre, yield would increase by 5 bushels per acre If water use decreases by 1 gallon per acre, yield would decrease by 5 bushels per acre If water use increases by 1 gallon per acre, yield would decrease by 5 bushels per acre Question 24 4 pts An investor takes a short position in 5 corn futures contracts with a maturity in December 2020 at a futures price of $2.7/bushel. The size of each contract is 5000 bushels. On August 2020, the investor decides to offset his position by going long on 5 corn futures contracts with maturity in December 2020 at a futures price of $2.86/bushel. What is the investor's profit/loss in this scenario? O The investor would make a loss equal to $4.000 O The investor would make a loss equal to $800 The investor would neither make a profit nor loss O The investor would make a profit equal to $4,000 O The investor would make a profit equal to $800 Question 25 4 pts Fred wants to take a short position in a futures contract for sorghum. He calls his broker to enter a Jimit order on the Chicago Mercantile Exchange (CME) with a price of $2.6/bushel. Currently, there are 3 long positions on the CME for $2.2/bushel, $2.4/bushel, and $1.9/bushel. Considering the current situation, what would happen to Fred's limit order? O It would get fulfilled for a futures price of $2.4/bushel It would not get fulfilled at this time O None of the answers are correct O It would get fulfilled for a futures price of $2.2/bushel O It would get fulfilled for a futures price of $1.9/bushel O It would get fulfilled for a futures price of $2.6/bushel O

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