Suppose Johnson & Johnson and Walgreen Boots Aliance 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 of a long position of $11,500 in Johnson & Johnson and a short position of $1,000 in Walgreens a. Calculate the expected retum. The expected return is % (Round to one decimal place.) - Data table (Click on the following loon In order to copy its contents into a spreadsheet) Johnson & Johnson Walgreens Boots Alliance Expected Return 6.6% 9.9% Standard Deviation 14.9% 19.2 Print Done Help me solve this View an example Get more help Clear all Check