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Consider three bonds: Alpha, Beta and Epsilon, as follows: Maturity Duration Convexity Alpha 2 1.9 0.05 Beta 5 4.1 0.25 Epsilon 10 7.5 0.95 Suppose

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Consider three bonds: Alpha, Beta and Epsilon, as follows: Maturity Duration Convexity Alpha 2 1.9 0.05 Beta 5 4.1 0.25 Epsilon 10 7.5 0.95 Suppose an investor has constructed a portfolio Gamma consisting of $7,500 of Alpha and $5,000 of Epsilon. What is the duration of Gamma? Enter your answer in years, with one decimal place

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