Suppose that currently one euro costs $0.88; that is, the current exchange rate is $0.88/€. We are interested in one year calls on the euro that have strike equal to $0.90. The risk free rate for dollars is 5%, the risk-free rate for euros is 3%, and the volatility of the dollar to euro exchange rate is 0.1. Determine the cost of a dollar denominated call option on the euro that has strike 0.90.