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What is the duration of a bond portfolio made up of three bonds: 50 percent of a bond with duration of 7.7 years, 30 percent
What is the duration of a bond portfolio made up of three bonds: 50 percent of a bond with duration of 7.7 years, 30 percent of a bond with duration of 12.6 years, and 20 percent of a bond with duration of 16.4 years?
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