The 1-year forward price of copper is $ 0.80/lb. The 1-year continuously compounded interest rate is 6%. One-year option prices for copper are shown in the table below.

Strike	Call	Put
0.95	0.0649	0.0178
0.975	0.05	0.0265
1	0.0376	0.0376
1.025	0.0274	0.0509
1.034	0.0243	0.0563
1.05	0.0194	0.0665

Suppose CDE mines copper, with fixed costs of $ 0.50/lb and variable cost of $ 0.40/lb. If CDE does nothing to manage copper risk: What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 0.80 $ ? What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 0.90 $ ? What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 1.00 $ ? What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 1.10 $ ? What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 1.20 $ ? If on the other hand CDE sells forward its expected copper production: What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 0.80 $ ? What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 0.90 $ ? What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 1.00 $ ? What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 1.10 $ ? What is its profit 1 year from now, per pound of copper, if the copper price in 1 year is $ 1.20 $ ?