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Suppose that a call option with a strike price of $43 expires in one year and has a current market price of $5.11. The market

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Suppose that a call option with a strike price of $43 expires in one year and has a current market price of $5.11. The market price of the underlying stock is $46.16, and the risk-free rate is 2%. Use put-call parity to calculate the price of a put option on the same underlying stock with a strike of $43 and an expiration of one year. The price of a put option on the same underlying stock with a strike of $43 and an expiration of one year is $ (Round to the nearest cent.)

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