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The price of an American call on a non-dividend-paying stock is $9.70. The stock price is $26.50, the strike price is $16.55, and the expiration

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The price of an American call on a non-dividend-paying stock is $9.70. The stock price is $26.50, the strike price is $16.55, and the expiration date is in 9 months. The risk-free interest rate is 6.95%. What is the upper bound for the price of an American Put on the same stock with the same strike price and expiration date? Answer with two decimal digits accuracy

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