Suppose you have observed the following returns over time.

Year	Stock X	Stock Y	Market
2015	14%	13%	12%
2016	19	7	10
2017	-16	-5	-12
2018	3	1	1
2019	20	11	15

Assume that the risk-free rate is 4%, the market risk premium is 5%, the beta for Stock X is 1.5, and the beta for Stock Y is 0.46. What are the required rates of return for Stock X and Stock Y, respectively?

Question 4 options:

	11.5% and 6.3%
	10.2% and 7.6%
	8.4% and 10.5%
	12.2% and 7.2%