Question: If I have a portfolio that is 1/3 A and 2/3 B and A has a mean of 9 and a variance of 3, and

If I have a portfolio that is 1/3 A and 2/3 B and A has a mean of 9 and a variance of 3, and B has a mean of 6 and a variance of 1, and the two have a covariance of 1, find the variance of the portfolio.

Round your answer to 2 decimal places. For example if your answer is 0.666, then please write down 0.67.

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