Suppose that the risk$-$free rate is $2\%$ and the expected return on the market portfolio is $10\%.$ A certain stock has a beta of $1\mathrm{.}0.$ You believe that over the next year this stock will produce a return of

$11\%.$ Would you say that the stock is overpriced or underpriced?

According to CAPM, the return that the stock should earn is $\%.($Enter as a percentage and round to one decimal place.$)$