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Journal Articles
Journal of Islamic Accounting and Business Research (2020) 11 (4): 793–809.
Published: 28 January 2020
... volumes and the delays of market prices in reflecting net asset value (NAV). On average, ETFs trade at a premium to their NAVs. Moreover, the authors find that the deviations of ETF prices from their NAVs (i.e. premiums or discounts) do not disappear in one day. The results reveal a significant positive...

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