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Bank has invested 376.3 mln EUR into government bonds with duration 10.7 years and 768.3 mln EUR into government bond with duration 7.7 years. What

Bank has invested 376.3 mln EUR into government bonds with duration 10.7 years and 768.3 mln EUR into government bond with duration 7.7 years. What is the overall duration of the portfolio? State the answer as a number with 2 decimals (for example, 3.12).

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