XYZ is a copper-mining firm and has expenses of $0.80/lb of copper produced. In 1 year, the market price of copper will be one of three possible prices, corresponding to the following probability table: XYZ hedges the price of copper by buying a 1-year put option with an exercise price of $0.90/Ib. The price of the put option is $0.10/lb now, and the continuously compounded risk-free interest rate is 6%. Find the expected 1-year profit per pound of copper produced. XYZ is a copper-mining firm and has expenses of $0.80/lb of copper produced. In 1 year, the market price of copper will be one of three possible prices, corresponding to the following probability table: XYZ hedges the price of copper by buying a 1-year put option with an exercise price of $0.90/Ib. The price of the put option is $0.10/lb now, and the continuously compounded risk-free interest rate is 6%. Find the expected 1-year profit per pound of copper produced