Suppose Johnson & Johnson and Walgreen Boots Alliance have expected returns and volatilities shown here, with a correlation of 24%. Calculate (a) the expected return and (b) the volatility (standard deviation) of a portfolio that consists a long position of $9,500 in Johnson & Johnson and a short position of $3.000 in Walgreens. TER a. Calculate the expected retum. The expected return is %. (Round to one decimal place.) -X Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Expected Return Standard Deviation Johnson & Johnson 7.2% 17.2% Walgreens Boots Alliance 10.1% 21.8% Print Done Help me solve this View an example Get more help Clear all Check