Homework: Ch. 12 MFL Homework Question 2, P 12-15 (similar to) Part 1 of 2 > HW Score: 79.17%, 3.17 of 4 points Points: 0.5 of 1 SD [R] Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a correlation of 21.6% E[R] Johnson & Johnson 7.7% 16.3% Walgreen Company 9.4% 19.6% For a portfolio that is equally invested in Johnson & Johnson's and Walgreen's stock, calcluente: a. The expected return b. The volatility (standard deviation) a. The expected return. The expected return of the portfolio is 1% (Round to one decimal place.)