On Monday morning you sell one June T-bond futures contract at 97:27, that is, for $97,843.75....

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Finance

On Monday morning you sell one June T-bond futures contract at97:27, that is, for $97,843.75. The contract's face value is$100,000. The initial margin requirement is $2,700, and themaintenance margin requirement is $2,000 per contract. Use thefollowing price data to answer the following questions.
Day Settle
Monday $97,406.25
Tuesday $98,000.00
Wednesday $100,000.00
The cumulative rate of return on your investment after Wednesdayis a ________.
2.6% loss
53.9% loss
79.9% loss
33% gain

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On Monday morning you sell one June T-bond futures contract at97:27, that is, for $97,843.75. The contract's face value is$100,000. The initial margin requirement is $2,700, and themaintenance margin requirement is $2,000 per contract. Use thefollowing price data to answer the following questions.Day SettleMonday $97,406.25Tuesday $98,000.00Wednesday $100,000.00The cumulative rate of return on your investment after Wednesdayis a ________.2.6% loss53.9% loss79.9% loss33% gain