The Current Price of YBM Stock Is $103

The current price of YBM stock is $103.The seven-month forward price for YBM stock is $106.If the forward price is determined according to a simple cost-of-carry model,then the continuously compounded interest rate is:

A) 3.23 percent per year
B) 2.87 percent per year
C) 4.92 percent per year
D) 5.25 percent per year
E) None of these answers are correct.