Yes in theory, your boat will move 13 inches, with every revolution of the prop.
slippage/ drag will knock that down some.
But real life seat of the pants stuff, My example: 50 hp 11 inch prop turning 6000 rpm, mac boat speed 12-14 mph unballasted.
same engine on a Boston whaler that's 13 feet long, that prop will push the whaler at 22mph at 6000 rpm, but lots of throttle left (will hit rev limiter)
change prop to a 15 inch and at 5900 rpm boat hits speeds of 34 mph.
That prop you linked to, looks good except its for an evinrude, may not fit your engine, the other thing is, if it doesn't slip like your prop now
your rpm's may be dragged way down, so reality you might have to get the same prop in a 10 or 11 inch pitch, if they make them (and it fits)
Now you are back to slower speeds again.
I really think there is a good possibility the prop you have now (the stainless) could get you the 16mph numbers with out ballast.
but you have to keep an eye on the rpm, if it goes much higher than 5500, either a new prop or have the one you have cupped more.
the problem your facing is getting the boat to plane, if your boat gets up on plane, and stays there, on an M that planing speed is around 17mph, not sure about the X.
The only small engine I know that will plane an M and keep it there is the etec 60, your in that same class, with a Johnson 2 stroke 50. you might be able to make it happen
with the right prop and sea conditions.
I'm not trying to argue
no this is fun, I know what you are after, and I don't advise spending lots of money with the current engine to get it. I want you to succeed, just be mind full that a good used 70 Johnson, around the same year
will cost about a grand or less. That I know will work to what you want. Heres the other thing, the older 2 strokes like yours suck gas at an alarming rate at speed.
Mike