The duration of a 100 million portfolio is 10 years 40
The duration of a $100 million portfolio is 10 years. $40 million in new securities are added to the portfolio, increasing the duration of the portfolio to 12.5 years. What is the duration of the $40 million in new securities?
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the duration of a 100 million portfolio is 10 years 40 million in new securities are added to the portfolio increasing
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