Assume that you hold a well-diversified portfolio that has an expected return of 12.0% and a beta of 1.20. You are in the process of buying 100 shares of Alpha Corp at $10 a share and adding it to your portfolio. Alpha has an expected return of 15.0% and a beta of 2.00. The total value of your current portfolio is $9,000. What will the expected return and beta on the portfolio be after the purchase of the Alpha stock? 
Definitions:
Price Ceiling
A legal maximum price that can be charged for a good or service, typically set by government to protect consumers.
Price Floor
A government or regulatory imposed minimum price above the equilibrium price, preventing prices from dropping too low.
Usury Laws
Regulations designed to protect consumers by capping the interest rate that lenders can charge on credit.
Loanable Funds
The supply of money that savers have made available to borrowers.
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