Mr. Jones has a 2-stock portfolio with a total value of $560,000. $225,000 is invested in Stock A and the remainder is invested in Stock B. If standard deviation of Stock A is 20.40%, Stock B is 10.25%, and correlation between Stock A and Stock B is 0.80, what would be the expected risk on Mr. Jones portfolio (standard deviation of the portfolio return)? Calcualte with at least 4 decimal places and round your answer to two decimal places. For example, if your answer is $345.6671 round as 345.67 and if your answer is .05718 or 5.7182% round as 5.72.

4.94%

4.79%

6.12%

3.90%

4.20%