Call by put$-$call parity.

Consider a $1\mathrm{.}1-$year European put option that is currently valued at $$3$ on a $$29\mathrm{.}5$ stock and a strike of $$26\mathrm{.}25.$ The

$1-$year continuously compounded risk$-$free rate is $5\%.$ What the value of the corresponding call option?

$

Round your answer to the nearest cent. USE EXCEL AND SHOW FORMULA