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A put option on a stock with a current price of $52 has an exercise price of $53. The price of the corresponding call option

A put option on a stock with a current price of $52 has an exercise price of $53. The price of the corresponding call option is $4.49. According to put-call parity, if the effective annual risk-free rate of interest is 6% and there are 3 months until expiration, what should be the value of the put? (Do not round intermediate calculations. Round your answer to 2 decimal places. Use CONTINUOUS COMPOUNDING)

Value of the put $

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