You are considering purchasing a put option on a stock with a current price of $34. The exercise price is $35, and the price of the corresponding call option is $2.75. According to the put-call parity theorem, if the risk-free rate of interest is 4% and there are 90 days until expiration, the value of the put should be A. $5.23 B. $3.25 C. $4.05 O D. $3.41