Determine the total nav of the soma fund sf and the


SOMA hind (SF) is tin open-end fund with 10B shares outstanding. SF owns the following assets:

200M shares of Gap Magic (GM) stocks priced at $200.00,

1B shares of Tech-index stocks priced at $80.00.

California Capital Fund (CCF) is a closed-end fund with 500M shares outstanding. CCF owns the following assets:

12M shares of Polo stocks traded at $125,

A portfolio of T, bonds with a duration of 25 years and market value of $5.5B.

Determine the total NAV of the SOMA Fund (SF) and the California Capital Fund (CCF) California Capital Fund (CCF), Can you determine the price that one would have to pay today to buy one share of each fund? Specify the units for each variable you measure.

What are the difference between characteristics of SF and CCF?

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