You own an underlying asset with a purchase price of $44. You can invest in either a long or short position in a forward, call. Details for these three contracts are as follows: forward price =$45, call strike price = $55, call premium = $2, put strike price = #35, and put premium = $1. You have entered into a protect put. What is the difference between the higher and lower breakeven points for protective put?

a. $3

b. $13

c. $6

d. There is only a single breakeven point for a protective put; hence, this question cannot be answered.