Use the Black-Scholes model to find the value for a European put option that has an exercise price of $76.00 and 0.6667 years to expiration. The underlying stock is selling for $68.00 currently and pays an annual dividend yield of 0.02. The standard deviation of the stocks returns is 0.2400 and risk-free interest rate is 0.03. (Round your final answer to 2 decimal places. Do not round intermediate calculations.)

Put value $