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ill leave a like! The duration of a $110 million portfolio is 12 years. $50 million in new securities are added to the portfolio, increasing

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The duration of a $110 million portfolio is 12 years. $50 million in new securities are added to the portfolio, increasing the duration of the portfolio to 13,5 years. What is the duration of the $50 million in new securities? 158 14,5 12.6 O 16.8

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