HV SLUIU.02.1670, 0.33 UI 12 PES Question Help P 12-15 (similar to) Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a correlation of 22.3%. EIR SDIRI Johnson & Johnson 7.2% 15.6% Walgreen Company 9.9% 1964 For a portfolio that is equally invested in Johnson & Johnson's and Walgreen's stock, calculate a. The expected return. b. The volatility (standard deviation). a. The expected return The expected return of the portfolio is %. (Round to one decimal place.)