Question: For the portfolio in Problem 23, if the correlation between Johnson & Johnsons and Walgreens stock were to increase, a. Would the expected return of

For the in Problem 23, if the correlation between Johnson & Johnson€™s and Walgreen€™s stock were to increase,
a. Would the expected return of the rise or fall?
b. Would the volatility of the rise orfall?

Johnson & Johnson Walgreen Company Expected Return 7% 10% Standard Deviation 16% 2000

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