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Following the example of AM ETF in lecture, suppose in Day 1, the AM ETF shares trade at $14 whereas its NAV per share is

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Following the example of AM ETF in lecture, suppose in Day 1, the AM ETF shares trade at \$14 whereas its NAV per share is $17. This situation is called ETFs being traded at a discount to NAV. Draw a chart like the one in lecture slide to describe how authorized participants (AP) can push the market price of AM ETF up to its NAV

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