Suppose Johnson & Johnson and Walgreen Boots Alliance have expected returns and volatilities shown here, with a correlation of 21%. 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. i Data Table - X The expected return is 4%. (Rou (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Expected Return Standard Deviation Johnson & Johnson 7.6% 17.8% Walgreens Boots Alliance 9.7% 19.6% Print Done