Consider the following information about Stocks I and II:

$\backslash$table$[[,\backslash$table$[[$Rate of Return if State$],[$Occurs$]]],[$State of Economy,$\backslash$table$[[$Probability of State of$]],,],[$Recession$,$Economy,Stock I,Stock II$],[$Normal$,\mathrm{.}30,\mathrm{.}10,-\mathrm{.}25],[$Irrational exuberance,$\mathrm{.}40,\mathrm{.}17,\mathrm{.}12]]$

The market risk premium is $8$ percent, and the risk$-$free rate is $3$ percent. $($Do not round intermediate calculations. Enter your standard deviation answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$ Round your beta answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

$\backslash$table$[[$The standard deviation on Stock I$\text{'}$s return is$,,$percent, and the Stock I beta is$,],[$deviation on Stock II's return is$,$percent, and the Stock II beta is$,.$ The standard,$],[$stock$\text{'}$s systematic risk$/$beta$,$ Stock,,is "riskier".,$]]$