The surss National Bank is the centhat bank of Suritjertand. Like some other central banks, it is partially privately owned and its shares are traded on a stock exchange. Although 48% of the stock is held privately, the Suiss contonal (i.e., provinces) govemments, cantonal banks and public-sector organizations own the batance and contrd 75% of the voting power. The SNB is sometimes regarded as akin to a "hedge fund" as wnlike many contrat banks, the SNB also invests in equities with 20% of its SFI. 7 trillion portfolio comprised of equities. However, shareholders don't get to share in any gains from the equity investments as dividends are fixed at SFis per share per year. The SNB has pursued a poliay of negatwe interest rates with the to-year Swiss govemment bond yielding a negative 49.9 basis points or 0.499%. The price of the stook dosed at SF4, 770 (US\$55,212) per share on Thesday, October 13,2020 . Given the above information, what type of security is SNB stock most akin to from a private investor's perspectwe and why might indwiduals buy it. Explain. The surss National Bank is the centhat bank of Suritjertand. Like some other central banks, it is partially privately owned and its shares are traded on a stock exchange. Although 48% of the stock is held privately, the Suiss contonal (i.e., provinces) govemments, cantonal banks and public-sector organizations own the batance and contrd 75% of the voting power. The SNB is sometimes regarded as akin to a "hedge fund" as wnlike many contrat banks, the SNB also invests in equities with 20% of its SFI. 7 trillion portfolio comprised of equities. However, shareholders don't get to share in any gains from the equity investments as dividends are fixed at SFis per share per year. The SNB has pursued a poliay of negatwe interest rates with the to-year Swiss govemment bond yielding a negative 49.9 basis points or 0.499%. The price of the stook dosed at SF4, 770 (US\$55,212) per share on Thesday, October 13,2020 . Given the above information, what type of security is SNB stock most akin to from a private investor's perspectwe and why might indwiduals buy it. Explain