8. The below table shows the details of a portfolio of two assets A and B.

Portfolio Details
Asset	Expected return	Standard deviation	Beta	Covariance (A, B)	Expected Portfolio Return
A	0.05	0.4	1.3	0.16	0.08
B	0.09	0.7	1.6

Which one of the following statements is NOT correct?

a.

The portfolio weight in asset A is 25%.

b.

The standard deviation of the portfolio is 0.588.

c.

The correlation of asset A and Bs returns is 0.571.

d.

The portfolio beta is 2.725.

e.

The portfolio has some diversification.