Use the following information to answer the question(s)below.
d'Anconia Copper expects to produce 500 million pounds of copper next year,with production costs of $0.75 per pound.Depending upon the economic conditions over the next year,d'Anconia Copper expects the price of copper next year to be either $1.40,$1.50,or $1.60 per pound,with each outcome being equally likely.d'Anconia Copper expects to sell all of its copper at the going price.
-If the going price next year is $1.60 per pound,d'Anconia Copper's operating profit next year will be closest to:
A)$365 million.
B)$375 million.
C)$425 million.
D)$800 million.

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The Answer of Use the following information to answer the question(s)below.
d'Anconia Copper expects to produce 500 million pounds of copper next year,with production costs of $0.75 per pound.Depending upon the economic conditions over the next year,d'Anconia Copper expects the price of copper next year to be either $1.40,$1.50,or $1.60 per pound,with each outcome being equally likely.d'Anconia Copper expects to sell all of its copper at the going price.
-If the going price next year is $1.60 per pound,d'Anconia Copper's operating profit next year will be closest to:
A)$365 million.
B)$375 million.
C)$425 million.
D)$800 million.

Use the Following Information to Answer the Question(s)below