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You establish a straddle on Walmart using September call and put options with a strike price of $89. The call premium is $7.45 and the

You establish a straddle on Walmart using September call and put options with a strike price of $89. The call premium is $7.45 and the put premium is $8.20.

c-1. What is the Break-even price for lower bound? (Round your answer to 2 decimal places.)

c-2. What is the Break-even price for upper bound? (Round your answer to 2 decimal places.)

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