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Golding Bank has $2.0 billion cash, $10.0 billion in commercial loans with an average duration of 0.50 years; $20.0 billion in consumer loans with an

Golding Bank has $2.0 billion cash, $10.0 billion in commercial loans with an average duration of 0.50 years; $20.0 billion in consumer loans with an average duration of 1.8 years; and $20.0 billion in U.S. Treasury bonds with an average duration of 5 years. What will be the banks dollar-weighted asset portfolio duration?

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