The variance of BMI, Inc. is estimated to be $0\mathrm{.}0136,$ while the variance of QBU, Inc. is estimated to be $0\mathrm{.}0234.$ The covariance between BMI and QBU is estimated to be $0\mathrm{.}0075.$

What is the variance of a two stock portfolio if $0\mathrm{.}45$ of your money is placed in BMI, and $0\mathrm{.}55$ of your money is placed in QBU.

Portfolio Variance $=$

Submit your answer using at least four decimal places of accuracy and work your analysis using at least $4$ decimal places of accuracy. Place your answer as a decimal and not as a percentage $($for example, as $.1111$ and not as $11\mathrm{.}11\%.$