Consider the following information about Stocks A and B:

				Rate of Return if State Occurs
State of	Probability of
Economy	State of Economy			Stock A			Stock B
Recession		0.20			0.03			0.20
Normal		0.45			0.28			0.05
Irrational exuberance		0.35			0.04			0.38

The market risk premium is 8 percent, and the risk-free rate is 4 percent. (Round your answers to 2 decimal places. (e.g., 32.16))

The standard deviation on Stock A's return is percent, and the Stock A beta is . The standard deviation on Stock B's return is percent, and the Stock B beta is . Therefore, based on the stock's systematic risk/beta, Stock (Click to select)AB is "riskier".