Assume that you hold a well$-$diversified portfolio that has an expected return of $11\mathrm{.}0\%$ and a beta of $1\mathrm{.}10.$ You are in the process of buying $1,000$ shares of

Alpha Corp at $$10$ a share and adding it to your portfolio. Alpha has an expected return of $16\mathrm{.}0\%$ and a beta of $1\mathrm{.}9.$ The total value of your current portfolic

$$90,000.$ What will the expected return and beta on the portfolio be after the purchase of the Alpha stock? Do not round your intermediate calculations.

a$.13\mathrm{.}50\%$;$1\mathrm{.}50$

b$.13\mathrm{.}27\%$;$1\mathrm{.}45$

c$.11\mathrm{.}50\%$;$1\mathrm{.}18$

d$.8\mathrm{.}30\%$;$0\mathrm{.}80$

e$.13\mathrm{.}70\%$;$1\mathrm{.}40$