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A stock is currently selling for $20.07. A 5-month call option with a strike price of $25.00 has an option premium of $4.36. The risk-free

A stock is currently selling for $20.07. A 5-month call option with a strike price of $25.00 has an option premium of $4.36. The risk-free rate is 3.5 percent and the market rate is 6.3 percent. What is the option premium on a 5-month put with a $25.00 strike price? Assume the options are European style. Round your final answer to two decimal places (Ex. $0.00).

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