Assume the market has an expected return of $10\%$ and the risk$-$free rate is $2\%.$ According to the Capital Asset Pricing Model, an asset with a beta of $1\mathrm{.}5$ should have an expected return of

a$.$

$12\%$

b$.$

$16\%$

c$.$

$14\%$

d$.$

$15\%$