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A Bank has $200 million in commercial loans with an average duration of 1.3 years; $40 million in consumer loans with an average duration of
A Bank has $200 million in commercial loans with an average duration of 1.3 years; $40 million in consumer loans with an average duration of 2.35 years; and $46 million in Government Bonds with an average duration of 6 years. What will be the bank's dollar-weighted asset portfolio duration?
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