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Coach O received a portfolio of stocks with a beta of 1.50 and an expected return of 10% from a happy athletics booster. He is

Coach O received a portfolio of stocks with a beta of 1.50 and an expected return of 10% from a happy athletics booster. He is in the process of buying 1,000 shares of Tigers, Corp at $20 a share and adding it to his portfolio. Tigers has an expected return of 12.0% and a beta of 1.00. The total value of Coach O's current portfolio is $100,000. What will the expected return and beta on the portfolio be after the purchase of the Tigers stock?

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