Kinross is a major Gold Producer. They are expecting a production of $500,000$ oz of Gold in $6$ months $($they are long Gold$).$ The Forward is : $$2,\frac{400}{?}$ troy oz Kinross Purchases one $6$ month Gold Put Struck at $$2,\frac{400}{o}z,$ for $$75$ per oz

$1-$ How much will it cost them to buy the Gold put, $($they will be long $500,000$ troy ounces$),$ and

$2-$ what is the break even spot level on the ENTIRE position $($the expected revenue from the Gold sale as Gold rises, less the option premium$)?$

A$.$ The option to hedge their entire production of $500,000$ oz will cost $$40$ million and their breakeven will be $$2,\frac{325}{0}z$

B$.$ The option to hedge their entire production of $500,000$ oz will costs $$10$ million and their breakeven will be $$2,880$

C$.$ The option to hedge their entire production of $500,000$ oz will cost $$37\mathrm{.}5$ million and their breakeven will be $$2,475$

D$.$ The option to hedge their entire production of $500,000$ oz will costs $$10$ million and their breakeven will be $$2,720$

$((($

Please please please answer now

Thank you so much $!!!!)))$