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 garden corp at $10 a share and adding it to your portfolio. garden corp has an expected return of 13.0% and a beta of 1.50. 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 garden corp stock?

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.