The stock of Lead Zeppelin, a metal manufacturer, currently sells for $73 and has an annual standard deviation of 36 percent. The risk-free rate is 3.5 percent. What is the value of a European put option with a strike price of $75 and 59 days to expiration? (Use 365 days in a year. Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Value of a European put option $