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QUESTION 6 The duration of a $350 million portfolio is 15 75 years $75 million dollars in new securities are added to the portfolio decreasing

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QUESTION 6 The duration of a $350 million portfolio is 15 75 years $75 million dollars in new securities are added to the portfolio decreasing the duration of the portfolio to 15 years. What is the duration of the $75 million in new securities

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