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Yesterday, you entered into a futures contract to buy 125,000 at $1.04/. Your initial margin requirement was 4% of the contract value in dollars. Your

Yesterday, you entered into a futures contract to buy 125,000 at $1.04/. Your initial margin requirement was 4% of the contract value in dollars. Your maintenance margin is 30% of the initial margin requirement. At what exchange rate (use 4 decimal places) do you get a margin call?

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