Assume that you hold a well-diversified portfolio that has a beta of 1.05. You are in the process of adding a new investment worth of $10,000 to your portfolio. The new company's beta is 1.4. The total value of your current portfolio is $70,000. The risk-free rate is 2.5% and the market risk premium is 9%; what will the expected return and beta of the portfolio be after the purchase of the new investment? Do not round your intermediate calculations.

Group of answer choices

1.09; 12.34%

1.32; 10.41%

1.24; 11.21%

1.17; 11.85%

1.38; 9.41%