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Assuming no transactions costs, suppose 1=$2.4110 in New York, $1=SF3.997 in Zurich and SF1=0.1088 in London. How could you take profitable advantage of these rates?

Assuming no transactions costs, suppose 1=$2.4110 in New York, $1=SF3.997 in Zurich and SF1=0.1088 in London. How could you take profitable advantage of these rates?

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