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You want to estimate the duration of your bond portfolio. If 20% of your portfolio is in short-term bonds with a duration of 1.0 and

You want to estimate the duration of your bond portfolio. If 20% of your portfolio is in short-term bonds with a duration of 1.0 and 80% of your portfolio is in long-term bonds with a duration of 7.0, what is the duration of your entire portfolio?

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