Question: Consider the data provided in the table below for a portfolio of assets A and B. The portfolio weights and variances are given in the

Consider the data provided in the table below for a portfolio of assets A and B. The portfolio weights and variances are given in the table. The variances are expressed in decimal form. For example, if the standard deviation is 50%, then the variance is 0.5^2 = 0.25. The correlation of returns of the two assets is 0.76. What is the standard deviation of the portfolio?

Asset A Asset B
Portfolio Weights 0.73 0.27
Variances 0.1521 0.3721
Standard Deviation 0.39 0.61

What is the standard deviation of the portfolio?

(Enter your answer in decimal form. Round to four decimal places)

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