The market value of Ayayai Motors stock is currently $$53\mathrm{.}48$ per share, and the annual risk$-$free rate is $3$ percent. A three$-$month call option on the stock with a strike price of $$55$ sells for $$1\mathrm{.}60.$ What is the value of a put option on Ayayai Motors stock that has the same strike price and expiration date if there are no arbitrage opportunities? $($Round intermediate calculations to $4$ decimal places, e$.$g$.$

$1\mathrm{.}5525$ and final answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

The value of a put option is $