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If the share price of a stock ETF is ______ than its NAV, then the authorized participant should ________ ETF shares and _______. A: greater;
If the share price of a stock ETF is ______ than its NAV, then the authorized participant should ________ ETF shares and _______.
A: greater; create; sell them to the public.
B: greater; buy; redeem them for the underlying stocks.
C: greater; sell; buy the underlying stocks.
D: less; redeem; sell the underlying stocks.
E: less; create; sell them to the public.
F: less; sell; invest the proceeds in cash.
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