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A portfolio is comprised of two stocks, A and B. Stock A has a standard deviation of return of 5% while stock B has a

A portfolio is comprised of two stocks, A and B. Stock A has a standard deviation of return of 5% while stock B has a standard deviation of return of 15%. The correlation coefficient between the returns on A and B is .2778. Stock A comprises 40% of the portfolio while stock B comprises 60% of the portfolio. The variance of return on the portfolio is __________.

A. .0035

B. .0055

C. .0075

D. .0095

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