A bank has three assets. It has $75 million invested in consumer loans with a three-year duration, $39 million invested in T-bonds with a 16-year duration, and $18 million in six-month maturity T-bills. What is the duration of the bank's asset portfolio in years?
A. 6.50 years
B. 7.38 years
C. 11.51 years
D. 3.95 years
E. 4.83 years
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