On Monday Morning You Sell One June T-Bond Futures Contract

On Monday morning you sell one June T-bond futures contract at $97,843.75. The contract's face value is $100,000. The initial margin requirement is $2,700, and the maintenance margin requirement is $2,000 per contract. Use the following price data to answer the following questions.

The cumulative rate of return on your investment after Wednesday is a ________.

A) 79.9% loss
B) 2.6% loss
C) 33% gain
D) 53.9% loss