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. How large must transaction costs in the FX market be such that an arbitrage opportunity, given these spot rates, is no longer possible? USD1.26/GBP

. How large must transaction costs in the FX market be such that an arbitrage opportunity, given these spot rates, is no longer possible? USD1.26/GBP EUR1.17/GBP USD0.93/EUR O a. 10.2806% per transa...

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