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Question 1 1 pts Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. You are

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Question 1 1 pts Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. 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 16.0% and a beta of 1.80. The total value of your current portfolio is $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. 11.50%; 1.26 10.01%; 0.96 11.85%; 1.34 9.32%; 1.02 14.15%; 1.41

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