Exhibit 77
Use the Information Below for the Following Problem(S)

question 22

Multiple Choice

Exhibit 7.7
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c } A R _ { E } + ( A ) & \text { AFEE } ( \mathbf { E } ) \\\hline \left( R _ { A } \right) = 7 / & E \left( R _ { B } \right) = 9 \% \\\left( \sigma _ { A } \right) = 6 \% & \left( \sigma _ { B } \right) = 5 \% \\W _ { A } = 0.6 & W _ { B } = 0 .4 \\C O V _ { A , B } =0 .0014\end{array}$$
-Refer to Exhibit 7.7.What is the standard deviation of this portfolio?

• A) 4.87%
• B) 3.62%
• C) 4.13%
• D) 5.76%
• E) 6.02%

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