The correlation between A and B is 0.24. Alice formed Portfolio X by investing in A and B. The expected return of Alice's portfolio is 0.19. Calculate the variance of Alice's portfolio. Express your answer as a decimal with four digits after the decimal point (e.g., 0.1234, not 12.34%).

6 Die 1.43 points The correlation between A and B is 0.24. Alice formed Portfolio X by investing in A and B. The expected return of Alice's portfolio is 0.19. Calculate the variance of Alice's portfolio. Express your answer as a decimal with four digits after the decimal point (e.g., 0.1234, not 12.34%). Asset A B Expected Return 0.11 0.27 Standard Deviation 0.46 0.56