An investor owns a portfolio consisting of two mutual funds, A and B, with 35% invested in A. The following table lists the inputs for these funds.
Measures Fund A Fund B
Expected value 10 5
Variance 98 26
Covariance 22
a. Calculate the expected value for the portfolio return. (Round your answer to 2 decimal places.)
Expected value
b. Calculate the standard deviation for the portfolio return. (Round intermediate calculations to at least 4 decimal places. Round your final answer to 2 decimal places.)
Standard deviation