Asset 1Asset 2
Portfolio %%%
Expected Return%%
Volatility%%
<-- Covariance %
  

The following practice problem has been generated for you:
Asset 1 makes up 60% of a portfolio and has an expected return (mean) of 12% and volatility (standard deviation) of 10%.
Asset 2 makes up 40% of a portfolio has an expected return (mean) of 27% and volatility (standard deviation) of 10%.
With a covariance of 27%, calculate the expected return, variance, and standard deviation of the portfolio