Question $20$

What is the expected return for a stock that has a beta of $1\mathrm{.}2$ when the risk$-$free rate is $2\%$

and the expected return on the market is $9\%?$

$7\mathrm{.}65\%$

$9\%$

$9\mathrm{.}37\%$

$10\mathrm{.}4\%$