Consider the following information about Stocks I and It: State of Rate of Return If State Occurs Probability of State of Economy 30 40 Stock ! Economy Recession Normal Irrational exuberance Stock II .10 .17 -25 .12 .30 .11 45 The market risk premium is 8 percent, and the risk-free rate is 3 percent. (Do not round Intermediate calculations. Enter your standard deviation answers as a percent rounded to 2 decimal places, e.g. 32.16. Round your beta answers to 2 decimal places, e.g., 32.16.) The standard deviation on Stock I's retum is deviation on Stock Il's return is stock's systematic risk/beta, Stock percent, and the Stock I beta is percent, and the Stock Il betais is riskler The standard Therefore, based on the