Bank AA continues buying stock X and stock Y and selling stock zee via creation process and
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Bank AA continues buying stock X and stock Y and selling stock zee via creation process and making a profit on each creation unit it processes so that now there are 500,000 shares of X and 1,000,000 shares of Y in the ETF called zee. Because so many shares of X and Y have been bought up from the market, their prices have risen to $10 and $20 per share, respectively. How many shares of zee are now in circulation in the market?
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Business Ethics A Stakeholder And Issues Management Approach
ISBN: 9781523091546
7th Edition
Authors: Joseph W. Weiss
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