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$],[$Economy$]],$Stock I,Stock II$],[$Recession$,\mathrm{.}26,\mathrm{.}05,-\mathrm{.}31],[$Normal$,\mathrm{.}50,\mathrm{.}22,\mathrm{.}11],[$Irrational exuberance,$\mathrm{.}24,\mathrm{.}05,\mathrm{.}51]]$

The market risk premium is $5$ 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$,],[$stock$\text{'}$s systematic risk$/$beta$,$ Stock,,is "riskier".,$]]$