Consider the following information on Stocks I and II:

$\backslash$table$[[$State of Fronom,Probability of State of$,$Rate of Return i$,$if State Occurs$],[$Recession$,$Economy,Stock I,Stock II$],[$Normal$,0\mathrm{.}40,0\mathrm{.}03,-0\mathrm{.}27],[$Irrational$,0\mathrm{.}25,0\mathrm{.}34,0\mathrm{.}14],[$exuberance$,0\mathrm{.}35,0\mathrm{.}28,0\mathrm{.}44]]$

The market risk premium is $11$ percent and the risk$-$free rate is $6$ percent

a$-1.$ What is the beta of each stock?

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places.

$\backslash$table$[[,$Beta$],[$Stock I,$],[$Stock II$,]]$

a$-2.$ Which stock has the most systematic risk?

Stock $I$

$$ Stock II

b$-1.$ What is the standard deviation of each stock?

Note: Do not round intermediate calculations. Enter your answers as a percent rounded to $2$ decimal places.

$\backslash$table$[[,$Standard Deviation$],[$Stock I,,$\%$