Suppose the 1-year continuously compounded interest rate is 6%, 1-year forward price of copper is $1(/lb) and use these premiums of options on copper(lb) with 1-year expiration Suppose CDE mines copper, with fixed cost of $0.50/lb and variable cost of $0.40/lb (at time 1-year). Find profit (/lb) of CDE if it does nothing to manage copper risk. Find profit (/lb) of CDE if it sells forward. Find profit (/lb) of CDE if it buys a $1 -strike put. Find profit (/lb) of CDE if it sells a $0.95-strike call