Which of the following is the right strategy for cash and carry trade if currently the asset is trading at $100, the one-year futures contract is priced at $102, and annual carrying cost is $1?

Select one:

A. Borrow money and pay interest, and at the same time, long the asset and short the futures contract

B. Sell the asset and long the futures contract, lend the money to investors and earn the carrying cost

C. Borrow money and pay interest, and at the same time, short the asset and long the futures contract

D. Sell the futures contract and long the asset, lend the money to investors and earn the carrying cost