Suppose an investor is considering an $1$ point investment in a stock with a beta of $1\mathrm{.}5.$ The riskfree rate is $3\%,$ and the market return is expected to be $8\%.$ Calculate the expected return on the stock using the Capital Asset Pricing Model $($CAPM$).$

$9\mathrm{.}5\%$

$10\mathrm{.}5\%$

$11\mathrm{.}5\%$

$12\mathrm{.}5\%$