The risk$-$free rate of return is $4\mathrm{.}4$ percent and the market risk premium is $14$ percent. What is the expected rate of return on a stock with a beta of $1\mathrm{.}6?$

Multiple Choice

$22\mathrm{.}40\%$

$26\mathrm{.}80\%$

$13\mathrm{.}40\%$

$10\mathrm{.}52\%$

$21\mathrm{.}04\%$