Automaton, Inc.'s current stock price is $57. Analysts forecast its price will be $45 in one year. Automaton's Beta is 1.2. The Risk-Free Rate is 3% and Return of the Market Portfolio is 7%. What is the minimum acceptable Expected Return of this Portfolio (CAPM)?

a) 7.0%

b) 10.0%

c) 7.8%

d) 11.4%