You long both one call and one put option contract of ChiaYi.com's stock with the same exercise price of $80. The premium of the call and put are $7 and $8.5, respectively. a. The maximum loss for this strategy will be (Input the amount as positive value. Round your answer to 2 decimal places.)

b. If ChiaYi's stock price is $88, your profit or loss will be (Input the amount as positive value. Round your answer to 2 decimal places.)

c. What is the break-even price for this strategy? (Input your answers from highest to lowest to receive credit for your answers. Round your answers to 2 decimal places.)