The following quotes were observed for options on a given stock on November 1 of a given year. These are American calls except where indicated.

	Calls			Puts
Strike	Nov	Dec	Jan	Nov	Dec	Jan
105	8.40	10	11.50	5.30	1.30	2.00
110	4.40	7.10	8.30	0.90	2.50	3.80
115	1.50	3.90	5.30	2.80	4.80	4.80

The stock price was 113.25. The risk-free rates were 7.30 percent (November), 7.50 percent (December) and 7.62 percent (January). The times to expiration were 0.0384 (November), 0.1342 (December), and 0.211 (January). Assume no dividends unless indicated.

What is the time value of the November 115 put?