12 Stock Y has a beta of 1.4 and an expected return of 16.5 percent. Stock Z has a beta of 7 and an expected return of 9.8 percent. If the risk-free rate is 5.9 percent and the market risk premium is 6.9 percent, the reward-to-risk ratios for stocks Y and Z are and percent, Stock Y is percent, respectively. Since the SML reward-to-risk is undervalued and Stock Z is (overvalued.(Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g. 32.16.) ints eBook Print References