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SPDR Gold Trust, the best-known gold ETF (ticker: GLD), entitles its shareholders 1/10 ounce of gold per share. Currently, the gold spot price is at
SPDR Gold Trust, the best-known gold ETF (ticker: GLD), entitles its shareholders 1/10 ounce of gold per share. Currently, the gold spot price is at $1,880 per ounce. If GLD was trading $190/share, what actions would the Authorized Participants take?
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