Consider the following information about Stocks I and II:

				Rate of Return if State Occurs
State of	Probability of
Economy	State of Economy			Stock I			Stock II
Recession		0.25			0.02			0.25
Normal		0.50			0.21			0.09
Irrational exuberance		0.25			0.06			0.44

The market risk premium is 8 percent, and the risk-free rate is 4 percent. (Do not round intermediate calculations and round your final 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 ______ is riskier.