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Stock Y has a beta of 1.1 and an expected return of 11.9 percent. Stock Z has a beta of 0.70 and an expected return
Stock Y has a beta of 1.1 and an expected return of 11.9 percent. Stock Z has a beta of 0.70 and an expected return of 9 percent. If the risk-free rate is 6 percent and the market risk premium is 7 percent, what is the (percentage) reward-to-risk ratio of Y? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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