Serenity Parts is considering a new project. They believe that the project has a beta of $1\mathrm{.}01.$ The T$-$bill rate is $3\%($risk$-$free rate$)$ and the S&P $500$ return $($which represents "market"$)$ is $9\%.$ What is the appropriate expected return on the new project? $($Answer as a percentage and round to $2$ decimals.$)$ a$.10\mathrm{.}74\%$ b$.10\mathrm{.}36\%$ c$.8\mathrm{.}06\%$ d$.9\mathrm{.}06\%$ e$.9\mathrm{.}03\%$