Consider the following information about Stocks I and II: Rate of Return If State Occurs Probability of State of Economy Stock II State of Economy Recession Normal Irrational exuberance .15 Stock / .03 .20 -.23 .09 .70 .15 .08 .43 The market risk premium is 7 percent, and the risk-free rate is 3.5 percent. (Round your answers to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. The standard deviation on Stock I's return is 6.78 percent, and the Stock I beta is percent, and the Stock Il beta is 0.15 X . The standard 9.30 . Therefore, based on the deviation on Stock Il's return is 18.08 stock's systematic risk/beta, Stock is riskier