The forward exchange rate of 55 days is 1.21 USD/Euro while the current exchange rate is 1.22 USD/Euro. The annual interest rate of USA is 1.13% and of Eurozone is 1.18%. Calculate and show me how you have solved it the cost of the term act and choose one of the following:
a. -5.365%
b. 5.365%
c. -0.819%
d. 8.2%