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You are a wheat farmer that has entered into 1 0 short futures contracts with a delivery date 3 months from today. The futures price

You are a wheat farmer that has entered into 10 short futures contracts with a delivery date 3 months
from today. The futures price is $3.50. Each contract covers 5,000 bushels of wheat and has an initial
margin requirement of 10%. If the futures price changes to $3.30, by what percentage does your margin
account balance change?
a.+42.8%
b.-42.8%
c.-57.1%
d.+57.1%
e.+4.28%
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