5.Suppose Johnson & Johnson and Walgreen Boots Alliance have expected returns and volatilities shown here,

	Expected Return		Standard Deviation
Johnson & Johnson	7.0%		16.0%
Walgreens Boots Alliance	10.0%		20.0%

, with a correlation of

22%.

Calculate

(a)the expected return and

(b)the volatility (standard deviation) of a portfolio that is equally invested in Johnson & Johnson's and Walgreens' stock.

a. Calculate the expected return.

The expected return is________%.

(Round to one decimal place.)

b. Calculate the volatility (standard deviation).

The volatility is

____________%.

(Round to one decimal place.)