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Please show work as to how you got your answers. For calculator solutions, please give calculator inputs. 4. A banks portfolio has the following assets:

Please show work as to how you got your answers. For calculator solutions, please give calculator inputs.

4. A banks portfolio has the following assets:

182-day T-bills = 11%, 11-year zero coupon bond = 29%, 18-year zero coupon bond =19%,

T-bond portfolio with duration of 3 years = 26%, and the balance amount in Cash.

What is the duration of this portfolio? (4 points)

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