nˈoːɹməli, ðə dɪskˈaʊntᵻd pˈeɪɔf wʊd dˈɪfɚ lˈɪɾəl fɹʌmðə nˈɛt pɹˈiːmiəm, ænd ˌɛni nˈɑːmɪnəl pɹˈɑːfɪt wʊd biː kənsˈuːmd baɪ tɹænsˈækʃən kˈɔsts.
[Normally, the discounted payoff would differ little from the net premium, and any nominal profit would be consumed by transaction costs.]