You have two stocks in your portfolio.

The following parameters's values are given to you. Please calculate your portfolio risk. You must write your answer as a percentage with two decimals. without the sign (e.g. if your answer is 20.22%, write down 20.22).

(To calculate the portfolio risk, you must calculate the variance first, and then calculate the standard deviation)

Weight of Stock A: 45%

Weight of Stock B: 55%

Risk of Stock A(sigma): 15%

Risk of Stock B(sigma): 8.5%

Correlation Coefficient of A&B (rho) : 0.3