A dividend paying stock is currently selling for $32. The price of a call with an exercise price of $30 expiring in 6 months is $3.10. If the interest rate is 3%, what is the price of the put option assuming the dividend is paid in 6 months and is $0.50?

(a) $0.66

(b) $1.15

(c) $1.36

(d) $1.56