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A portfolio invests in two bonds, A and B. The weight on bond A is 40%, and the weight on bond B is 60%. Given

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A portfolio invests in two bonds, A and B. The weight on bond A is 40%, and the weight on bond B is 60%. Given that bond A has a duration of 5, and bond B has a duration of 10, what is the portfolio's duration? 5 7.5 8 10

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