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What is the duration of the portfolio

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Reference no: EM132845401

Question - A company invests $1,000 in a five-year zero-coupon bond and $4,000 in a ten-year zero-coupon bond. What is the duration of the portfolio?

a. 6 years

b. 7 years

c. 8 years

d. 9 years

Reference no: EM132845401

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