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Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a correlation of 22.7 %22.7%. Upper E left

Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a correlation of

22.7 %22.7%.

Upper E left bracket Upper R right bracketE [R]

SD left bracket Upper R right bracketSD [R]

Johnson & Johnson

6.2 %6.2%

16.2 %16.2%

Walgreen Company

10.5 %10.5%

19.1 %19.1%

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).

Please do the a and b question!!!!!

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