Consider the following information about Stocks I and II:

				Rate of Return if State Occurs
State of	Probability of
Economy	State of Economy			Stock A			Stock B
Recession		0.20			0.09		?	0.26
Normal		0.60			0.18			0.13
Irrational exuberance		0.20			0.12			0.46

The market risk premium is 5 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 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 II beta is . Therefore, based on the stock's systematic risk/beta, Stock (Click to select) I II is "riskier".