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The duration of a $139 million portfolio is 11 years. Added to the portfolio are $57 million in new securities, these added securities have a

The duration of a $139 million portfolio is 11 years. Added to the portfolio are $57 million in new securities, these added securities have a duration of 18 years. If the interest rates increase from 5% to 5.5%, what will be the change in value (in million dollars) of the combined portfolio?

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