You construct a portfolio containing two stocks, X and Y.You invest 69% of your funds in Stock X and the remainder in Stock Y.Stock X has an expected return of 7.8% and has a standard deviation of 6.1%.Stock Y has an expected return of 11.6% and has a standard deviation of 8.9%.The correlation between the two stocks is -0.7.What is the variance of returns on the portfolio (as a decimal - not a percentage - to 6 decimal places)?