Consider the data provided in the table below for a portfolio of assets A and B. The portfolio weights and variances are given in the table. The variances are expressed in decimal form. For example, if the standard deviation is 50%, then the variance is

0.52

= 0.25. The correlation of returns of the two assets is

0.480.48.

What is the standard deviation of the portfolio?

	Asset A	Asset B
Portfolio Weights	0.11	0.89
Variances	0.2916	0.4761
Standard Deviation	0.54	0.69