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Following information about a Bond portfolio is given Amount Invested Duration Bond 1 10000 7 Bond 2 20000 4 Bond 3 30000 8 What is
Following information about a Bond portfolio is given
| Amount Invested | Duration |
Bond 1 | 10000 | 7 |
Bond 2 | 20000 | 4 |
Bond 3 | 30000 | 8 |
What is the duration of the portfolio?
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