Assume you have just purchased one corn futures contract for 5,000 bushels at $3.24 per bushel. What will your percentage profit on the trade be if the price of corn rises $0.10 per bushel in 4 months? Your initial margin requirement was $1,500.

Group of answer choices

a. 15.5%

b. 33%

c. 20%

d. None of the above.

e. Cannot be determined from question.