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PLEASE DO NOT ROUND DOWN ANSWERS Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a correlation

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Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a correlation of 22.9%. Johnson & Johnson Walgreen Company E[R] 7.4% 10.4% SD [R] 16.1% 19.8% 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)

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