Consider the following information about Stocks I and II:

Consider the following information about Stocks I and I: Rate of return if state occurs State of Economy Recession Normal Irrational exuberance Probability of State of economy 0.20 0.55 0.25 Stock I 0.05 0.20 0.08 Stock II - 0.22 0.09 0.42 The market risk premium is 8 percent, and the risk-free rate is 6 percent. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) The standard deviation on Stock I's expected return is percent, and the Stock I beta is The standard deviation on Stock II's expected return is percent, and the Stock ll beta is Therefore, based on the stock's systematic risk/beta, Stock (Click to select) is riskier