$8.$A stock has a beta of $1\mathrm{.}7.$ If the market risk premium is $6$ percent and the risk$-$free rate is $2\mathrm{.}2$ percent. What is the expected return on this stock?

$9\mathrm{.}2\%$

$9\mathrm{.}7\%$

$12\mathrm{.}4\%$