A portfolio is equally invested in 4 assets: Alphabet (Google) stock with a beta of 1.05, Macy's stock with a beta of 1.51, American Airlines stock with a beta of 2.04 and the risk-free asset. The portfolio beta is and this portfolio is expected to do well during a 1) 1.53; boom 2) 1.53; recession 3) 1.15: boom 4) 1.15; recession