A European put option has 6 months to expiry and a strike price of $30. The underlying stock has a current price of $32. The riskfree rate of interest is 5% per annum.

A European call option is written on the same stock. It also has a $30 strike price and 6 months to expiry. The call is priced at $3.43.

The price of the put option is $______ ?

The intrinsic value of the put option is $_____?

Enter an answer to 2 decimal places. Do not enter the dollar sign ($).