Table shows standard deviation and correlation coefficient for eight stocks from different countries. Calculate the variance of a portfolio with equal investments in each stock.

	BHP	BP	Fiat	Heineken	Korea Electric	Nestle	Sony	Tata
BHP	1.00	0.42	0.38	0.16	0.33	-0.03	0.19	0.5
BP	0.42	1.00	0.4	0.25	0.26	0.12	0.41	0.29
Fiat	0.38	0.4	1.00	0.17	0.19	-0.1	0.44	0.37
Heineken	0.16	0.25	0.17	1.00	0.17	0.44	0.37	0.26
Kora Electric	0.33	0.26	0.19	0.17	1.00	0.01	0.16	0.13
Nestle	-0.03	0.12	-0.1	0.44	0.01	1.00	0.23	0.08
Sony	0.19	0.41	0.44	0.37	0.16	0.23	1.00	0.19
Tata	0.5	0.29	0.37	0.26	0.13	0.08	0.19	1.00
STANDARD DEVIATION	19.80	29.10	43.06	18.04	27.83	9.70	44.84	39.11