Next Question rice of Estelle Corporation stock is $22.00 In each of the next two years this stock price will either go up by 22% or go down by 22%. The stock pays no uvoerus. me one-year risk-free interest rate is 6.8% and will remain constant. Using the Binomial Model, calculate the price of a one-year put option on Estelle stock with a strike price of $22.00. The price of the one-year put option is(Round to the nearest cent)