Stock Y has a beta of 0.7 and an expected return of 9.71 percent. Stock Z has a beta of 2.4 and an expected return of 15.28 percent. What would the risk-free rate (in percent) have to be for the two stocks to be correctly priced relative to each other? Answer to two decimals.

Question 8 1 pts Stock Y has a beta of 0.7 and an expected return of 9.71 percent. Stock Z has a beta of 2.4 and an expected return of 15.28 percent. What would the risk-free rate (in percent) have to be for the two stocks to be correctly priced relative to each other? Answer to two decimals