Question: You establish a strodde on Walmart using September call and put options with a strike price of $86. The coll premium is $7.30 and the

 You establish a strodde on Walmart using September call and put

You establish a strodde on Walmart using September call and put options with a strike price of $86. The coll premium is $7.30 and the put premium is $8.05. Required: a. What is the most you can lose on this position? (Input the amount as positive value. Round your answer to 2 decimal places.) b. What will be your profit or loss if Welmort is selling for $90 in September? (Input the amount as positive value. Round your answer to 2 declmal places.) c-1. What is the Bresk-even price for lower bound? (Round your answer to 2 decimal places.) c-2. What is the Bresk-even price for upper bound? (Round your answer to 2 declmal places.)

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