The common stock of triangular file company is selling at, Financial Management

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The common stock of triangular file company is selling at

The common stock of Triangular File Company is selling at $97. A 26-week call option written on Triangular File’s stock is selling for $15. The call’s exercise price is $107. The risk-free interest rate is 11.4% per year. Suppose that puts on Triangular stock are traded. What should a 26-week put with an exercise price of $107 sell for? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Sale price of a put = _______

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