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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

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 .25 .06 .30
Normal .45 .18 .06
Irrational exuberance .30 .12 .45

The market risk premium is 8 percent, and the risk-free rate is 6 percent. (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16. Enter your return answers as a percent. )

The standard deviation on Stock I's return is ___%, and the Stock I beta is ___.

The standard deviation on Stock II's return is ___%, and the Stock II beta is ___.

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