Consider the following information on Stocks I and II:

$\backslash$table$[[$State of Economy,$\backslash$table$[[$Probability$],[$of State of$],[$Economy$]],\backslash$table$[[$Rate of Return If State$],[$Occurs$],[$Stock I Stock II$]]],[$Recession$,\mathrm{.}30,-\mathrm{.}25],[$Normal$,\mathrm{.}40,\mathrm{.}12],[$Irrational exuberance,$\mathrm{.}30,\mathrm{.}11]]$

The market risk premium is $8$ percent, and the risk$-$free rate is $3$ percent.

Note: Do not round intermediate calculations. Enter your standard deviation answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$ Round your beta answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

$\backslash$table$[[$The standard deviation of Stock I$\text{'}$s expected return is$,,$percent, and the Stock I beta is$,$The standard deviation of Stock II's exp$],[$percent$,$ and the Stock II beta is$,.$ Therefore, Stock,is "riskier".,$]]$