1:An investor buys a call at a price of $6.50 with an exercise price of $60. At what stock price will the investor break even on the purchase of the call?

2:An investor purchases a stock for $50 and a put for $0.50 with a strike price of $46. The investor sells a call for $0.50 with a strike price of $59. What is the maximum profit and loss for this position? (Loss amount should be indicated by a minus sign.)

Maximum Profit:

Maximum Loss: