You establish a straddle on Walmart using September call and put options with a strike price of $82. The call premium is $7.10 and the put premium is $7.85.

a. What is the most you can lose on this position? (Input the amount as positive value. Round your answer to 2 decimal places.)

Maximum Loss ______

b. What will be your profit or loss if Walmart is selling for $92 in September? (Input the amount as positive value. Round your answer to 2 decimal places.)

Loss of _______

c-1. What is the Break-even price for lower bound? (Round your answer to 2 decimal places.)

Break-even price for lower bound ________

c-2. What is the Break-even price for upper bound? (Round your answer to 2 decimal places.)

Break-even price for upper bound ________