What is the required rate of return on a stock with a beta of $1\mathrm{.}2$ if the expected market return is $12$ percent and the risk$-$free rate is $3$ percent?

$13\mathrm{.}80$ percent

$10\mathrm{.}80$ percent

$9\mathrm{.}00$ percent

$14\mathrm{.}40$ percent