The current price of a stock is $50.46 and the annual effective risk-free rate is 5.6 percent. A call option with an exercise price of $55 and one year until expiration has a current value of $1.16. What is the value of a put option written on the stock with the same exercise price and expiration date as the call option? Show your answer to the nearest .01. Do not use \$ or, in your answer. Because of the limitations of random numbers, some of the options may be trading below their intrinsic value or even less than 0 . Hint, to find the present value of the bond, you do not need to make the e x adjustment, simple discount at the risk free rate