As a percentage of an arbitrary starting amount about how
As a percentage of an arbitrary starting amount, about how large would transaction costs have to be to make triangular arbitrage between the exchange rates SSFr/$ = SFr1.7223/$, S$/¥ = $0.009711/¥, and S¥/SFr = ¥61.740/SFr unprofitable?
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as a percentage of an arbitrary starting amount about how large would transaction costs have to be to make triangular
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