Question: You are considering purchasing a put option on a stock with a stock price of USD 35. The exercise price is USD 35, and the

You are considering purchasing a put option on a stock with a stock price of USD 35. The exercise price is USD 35, and the premium for the corresponding call option is USD 2.42

According to put-call parity theorem, if the risk-free rate of interest is 5 percent and there are three months until expiration, what is the value of the put option?

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