Question: You are considering purchasing a put option on a stock with a current price of $40. The exercise price is $44, and the price of

You are considering purchasing a put option on a stock with a current price of $40. The exercise price is $44, and the price of the corresponding call option is $3.35. According to the put-call parity theorem, if the risk-free rate of interest is 3% and there are 90 days until expiration, the value of the put should be
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