The current price of Estelle Corporation stock is $ 30.00. In each of the next two years, this stock price will either go up by 23 % or go down by 23 %.The stock pays no dividends. The one-year risk-free interest rate is 7.6 % 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 $ 30.00. The price of the one-year put option is $_____(Round to the nearest cent.)