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Suppose that initially a share price is 8 0 and each month thereafter either increases by 1 % or decreases by 1 % . Interest

Suppose that initially a share price is 80 and each month thereafter either increases by 1% or decreases by 1%. Interest is compounded continuously at rate 6% per year. Calculate the no-arbitrage price of ten thousand European call options with strike price 98 and expiry date two years. State your answer to the nearest pound. Do not enter the pound sign.
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