You establish a straddle on CostCo using September call and put options with a strike price of $85. The call price is $7.25 and the put price is $8.00. a. What is your maximum possible loss on this position? (Input the amount as positive value. Round your answer to 2 decimal places.) Maximum loss $ 15.25 b. What will be your profit or loss if CostCo's stock is selling for $89 in September? (Input the amount as positive value. Round your answer to 2 decimal places.) Loss of $ 11.25 c-1. What is the Break-even price for lower bound? (Round your answer to 2 decimal places.) Break-even price for lower bound $ 69.75 c-2. What is the Break-even price for upper bound? (Round your answer to 2 decimal places.) Break-even price for upper bound