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Clementine County's assets consist of a portfolio of long-term bonds with an average duration of...

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Clementine County's assets consist of a portfolio of long-term bonds with an average duration of 18 and a market value of $2M and a portfolio of shorter-term bonds with a duration of 6 million and a market value of $1 million. What is the overall average duration of Clementine County's assets? O 13 O 12 O 14 15

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