XYZ Co . mines copper, with fixed costs of $ 0 . 5 0 / lb and
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Question:
XYZ Co mines copper, with fixed costs of $lb and variable cost of $lb The year forward price of copper is $lb The year continuously compounded interest rate is If XYZ sells forward on its expected copper production, what is its estimated profit per pound of copper year from now if copper price in year is $lb
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