A portfolio is comprised of equal weights of two stocks labeled Stock X and Stock Y. The covariance between Stock X and Stock Y is 0.10. The standard deviation of Stock X is 0.50, and the standard deviation of Stock Y is 0.50. Which of the following comes closest to the variance of the portfolio? Which of the following comes closest to the correlation coefficient between Stock X and Stock Y?

	a.	0.18
	b.	0.60
	c.	0.55
	d.	1.00
	e.	0.42