You are holding a well-diversified portfolio, expecting an expected return of 8.0% and a beta of 0.8. You are in the process of buying 500 shares of CRSP at $5,000 a share and adding it to your portfolio. CRSP has an expected return of 15% and a beta of 1.80. The total value of your current portfolio is $150,000. What will the expected return and beta on the portfolio be after the purchase of the CRSP? Do not round your intermediate calculations.

a. 14.6% 1.74

b. 11.54% 1.26

c. 15.07% 1.33

d. 12.15% 1.20