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YOUR BANK is thinking to issue a European call option of one-year maturity on a two-year zero coupon bond. This call option has strike price

YOUR BANK is thinking to issue a European call option of one-year maturity on a two-year zero coupon bond. This call option has strike price $934.00. According to the no-arbitrage principle, what should be the issue price / offer price / premium on this European call option?

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