The YTM on a T-bond (risk-free rate) is 3.7% and the expected return on DJIA (the market return Rm ) is 12.3%. Stock X has a beta of 1.2 . Stock Y has a beta of 0 .96. Required rate of return on Stock X is _____ and Required rate of return on Stock B is __________

13.16%; 11.96%

13.16%; 11.1%

14.76%; 11.81%

14.02%; 11.1%

14.02%; 11.96%