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You establish a straddle on Walmart using September call and put options with a strike price of $94. The call premium is $7.70 and the
You establish a straddle on Walmart using September call and put options with a strike price of $94. The call premium is $7.70 and the put premium is $8.45. a. What is the most you can lose on this position? (Input the amount as positive value. Round your answer to 2 decimal places.) Maximum loss b. What will be your profit or loss if Walmart is selling for $99 in September? (Input the amount as positive value. Round your answer to 2 decimal places.) c-1. What is the Break-even price for lower bound? (Round your answer to 2 decimal places.) Break-even price for lower bound c-2. What is the Break-even price for upper bound? (Round your answer to 2 decimal places.) Break-even price for upper bound
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