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You are evaluating the potential returns from a new enterprise, double-crop soybeans. The question as what you can expect prices to be so you can

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You are evaluating the potential returns from a new enterprise, double-crop soybeans. The question as what you can expect prices to be so you can draft up an enterprise budget, just as In AGR 433. To do this, you decide that a 20-year weighted average of dollars-per-bushel cash price for soybeans is a reasonable measure You see that there are 7 years for which the price was about $9/bu, 5 years for which it was approximately $10/bu, 3 years for which it was near $11/bu, 3 years for which it was around $8/bu, and 2 years for which it was close to $7/bu. What is the weighted average price, sven this information

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