Problem:
You are the financial manager of a company and you are presented with this scenario: The exchange rate is 0.95 $/€, the euro-denominated continuously compounded interest rate is 4%, the dollar-denominated continuously compounded interest rate is 6%, and the price of a 1-year 0.93-strike European call on the euro is $0.0571.
Required:
Calculate the price of a 0.93-strike European put.
Note: Show supporting computations in good form.