Assume that the farm’s APH is 40 bushels per acre and that they choose a 75% coverage level. Also assume that their actual yield is 36 bushels per acre. Their guaranteed yield is ______ bushels per acre and they ______.
Group of answer choices
30; would receive a payment since their guaranteed yield is higher than their actual yield
30; would not receive a payment since their actual yield is higher than their guaranteed yield
27; would not receive a payment since their actual yield is higher than their guaranteed yield
27; would receive a payment since their actual yield is higher than their guaranteed yield
