Stock Y has a beta of 1.15 and an expected return of 11.8 percent. Stock Z has a beta of.85 and an expected return of 10.7 percent. If the risk-free rate is 4.5 percent and the market risk premium is 7.1 percent, the reward-to-risk ratios for stocks Y and Z are 12.67 X percent and 10.54 X percent, respectively. Since the SML reward-to-risk is percent, Stock Y is overvalued and Stock Z is undervalued (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)