From are the information of Mr. Ali about his portfolio. The risk free rate of return is 9%; the expected return on market portfolio is 20%; Standard Deviation of a Market Portfolio and Standard Deviation of the Portfolio is 6.5% and 3.5%, respectively. According CML(Capital market line) approach what is the expected rate of return?

a) None of them

b) 14.92%

c) 8.96%

d) 25%