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

Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a correlation of 21.5%! E[R] SD [R] Johnson & Johnson 6.2% 16.9% Walgreen Company 9.8% 19.2% 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 l%. (Round to one decimal place.) b. The volatility (standard deviation). The volatility of the portfolio is % (Round to one decimal place.) Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a correlation of 21.5%! E[R] SD [R] Johnson & Johnson 6.2% 16.9% Walgreen Company 9.8% 19.2% 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 l%. (Round to one decimal place.) b. The volatility (standard deviation). The volatility of the portfolio is % (Round to one decimal place.)