Step 1: Use Bohr’s formula for hydrogen-like species.
For hydrogen-like ions, the radius of nth orbit is given by:
\[
r_n = \frac{a_0 n^2}{Z}
\]
where \( a_0 \) is Bohr radius, \( n \) is orbit number, and \( Z \) is atomic number.
Step 2: Express radius of He\(^+\) third orbit.
For He\(^+\), \( Z = 2 \), \( n = 3 \):
\[
Y = \frac{a_0 \cdot 9}{2}
\]
So,
\[
a_0 = \frac{2Y}{9}
\]
Step 3: Find radius of Li\(^{2+}\) second orbit.
For Li\(^{2+}\), \( Z = 3 \), \( n = 2 \):
\[
r = \frac{a_0 \cdot 4}{3}
\]
Substitute \( a_0 = \frac{2Y}{9} \):
\[
r = \frac{4}{3} \cdot \frac{2Y}{9}
\]
Step 4: Simplify the expression.
\[
r = \frac{8Y}{27}
\]
Step 5: Physical interpretation.
Higher nuclear charge \( Z \) reduces orbital radius significantly, hence Li\(^{2+}\) has a much smaller radius compared to He\(^+\) scaled value.
Final Answer:
\[
\boxed{\frac{8}{27} Y}
\]