Question: The correlation between A and B is - 0 . 3 2 . Niko's portfolio has 1 1 6 % invested in Asset A ,

The correlation between A and B is -0.32. Niko's portfolio has 116% invested in Asset A, the rest in Asset B. Calculate the standard deviation of his portfolio. Express your answer as a decimal with four digits after the decimal point (e.g.,0.1234, not 12.34%).
AssetExpected ReturnStandard DeviationA0.230.51B0.160.35

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