Very nice, you are right. And for the explaination:
At any time, the distance between the two tips is
Suppose that the clock is rotating counter-clockwise at the speed of the minute hand. Then the minute hand is effectively stationary while the hour hand is still moving at a constant speed. The point at which the hour hand's tip is moving most quickly towards the minute hand's tip is the same as the point at which the hour hand's tip is moving directly towards the minute hand's tip. If you draw a circle to represent the hour hand's tip as it moves, then you just need to draw a tangent to the circle which passes through the point representing the minute hand's tip. Now you have a right-angled triangle (with the clock's centre)
sqr(X) = sqr(A) + sqr (

- 2 A B cos (alpha) with A and B the lengths of the tips and alpha the corner between the hands.
This means that X = sqrt ( 25 - 24 cos (alpha)) which is an equation in one parameter, hence easy to derive.
Then just find the point of maximum accelaration (deriving twice) and solve it to cos (alpha)
Yes indeed, no need to actually calculate cos (alpha), cause you get an equation of the second order in cos(alpha), which tells you that cos(alpha) = 3/4
Substitute this in the equation above and you get X = sqrt (25 - 18 ) = sqrt(7)