Question: please answer A and B thank you Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a
Suppose Johnson & Johnson and the Walgreen Company have the expected returns and volatilities shown below, with a correlation of 21.2% ER) SD [R Johnson & Johnson 6.6% 16.6% Walgreen Company 10.9% 20.9% 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 % (Round to one decimal place.)
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