Reward-to-Risk ratio is a ratio measuring the reward on a stock for a unit of systematic risk. Two stocks X and Y are currently listed on NYSE. These two stocks have same reward-to-risk ratio. Expected return on Stock X is 8.2% with a beta of 0.76 while Stock Y has a beta of 1.6 . The risk-free rate is 4.6% .

Calculate the expected return on Stock Y ?

Group of answer choices

12.18 percent

8.07 percent

10.89 percent

11.12 percent

9.76 percent