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In November 2019, an 18-month call on the stock of Initech Corp, with an exercise price of $180, sold for $35.97. The stock price was

In November 2019, an 18-month call on the stock of Initech Corp, with an exercise price of $180, sold for $35.97. The stock price was $176. The risk-free interest rate was 1.56% (effective annual rate). What is the most you should be willing to pay for a put on Initech Corp stock with the same maturity and exercise price? (Assume that these are European options, and that Initech Corps does not pay dividends.)

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