If main street bank has 100 million in commercial loans


If Main Street Bank has $100 million in commercial loans with an average duration of 0.40 years; $40 million in consumer loans with an average duration of 1.75 years; and $30 million in U.S. Treasury bonds with an average duration of 6 years, what is Main Street's asset portfolio duration?

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Financial Management: If main street bank has 100 million in commercial loans
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