Consider three-month European call and put options on British pounds with an exercise price of $1.25. The spot price of British pounds is $1.2431. The riskless interest rate is 3% in the U.S. and 4% in the U.K. (both of these rates are annualized and continuously compounded). The price of the call option is $0.0500.

Given the price of the call, what should be the price of the put option? (Please report your answer to four decimal places.)