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Suppose that a call option with a strike price of $44 expires in one year and has a current market price of $5 16. The

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Suppose that a call option with a strike price of $44 expires in one year and has a current market price of $5 16. The market price of the underlying stock is $46.24, and the risk-free rate is 1%. Use put-call parity to calculate the price of a put option on the same underlying stock with a strike of $44 and an expiration of one year. The price of a put option on the same underlying stock with a strike of 544 and an expiration of one year is $. (Round to the nearest cent)

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