The 1-year continuously compounded interest rate is 6%. One-year option prices for copper are shown in the table below.

StrikeCallPut
0.950.06490.0178
0.9750.050.0265
10.03760.0376
1.0250.02740.0509
1.0340.02430.0563
1.050.01940.0665


Suppose CDE mines copper, with fixed costs of $ 0.50/lb and variable cost of $ 0.40/lb.
If CDE sells a call option with a strike of $ 0.95:

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 CDE sells a call option with a strike of $ 1.00:

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 CDE sells a call option with a strike of $ 1.05:

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 $ ?

You can earn partial credit on this problem.