Bond a Has a Price of $97 635 and a Duration

Bond A has a price of $97 635 and a duration of 1.93.Bond B has a price of $54 696 and has a duration of 3.46.Calculate the duration of a portfolio comprised of one of Bond A and one of Bond B.

A) $2.4794$
B) $2.5511$
C) $2.6638$
D) $2.6842$

Correct Answer:

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