A call option on a share of Jupiter Inc. common stock with a strike price of $32 currently sells for 4.75, and the shares are currently selling for $32 each. The continuously compounded risk-free rate of interest is 6% per year and the call option has 5 months to expiry. What would be a fair price for a put option on a share of Jupiter stock if it also has 5 months to expiry and a $32 strike price?