A one-year call option on a stock with strike price of $80 costs $4 and a one-year put option on the same stock with strike price of $65 costs $2.5. Suppose that a trader buys one call option and Two put option. (keep your answer to only two decimals)

a. What is the break-even stock price, above which the trader makes a profit?

b. What is the break-even stock price, below which the trader makes a profit?