You establish a straddle on Walmart using September call and put options with a strike price of $60. The call premium is $4.75 and the put premium is $5.50.

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 $69 in September?(Input the amount as positive value. Round your answer to 2 decimal places.)

(Click to select)ProfitLoss

$

c.At what stock prices will you break even on the straddle?(Input your answers from highest to lowest to receive credit for your answers. Round your answers to 2 decimal places.)

Break even prices$and $