A pipe manufacturer hedged the purchase of 250,000 pounds of copper by rolling the hedge forward. The size of the copper futures contract is 25,000 pounds. It entered into a futures contract at $6.43 per pound and closed the contract at $6.32 per pound. It then entered into a futures contract at $6.45 per pound and closed the contract at $6.64 per pound. If the spot price when the company purchased the copper was $6.59 per pound, what was its price per pound after hedging?

A 6.74

B 6.59

C. 6.39

D 6.44

E 6.51