Suppose cde mines copper with fixed costs of 05lb and, Financial Management

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Suppose cde mines copper with fixed costs of 05lb and

Suppose CDE mines copper with fixed costs of $0.5/lb and variable costs of $0.4/lb. If CDE decides to sell forward it’s excepted copper production at the 1 year forward price, what is its’s profit 1 year from now, per pound of copper, if the price of copper in one year is $0.9, or $1.0, or $1.1?

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Financial Management: Suppose cde mines copper with fixed costs of 05lb and

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