Consider the following information on Stocks I and II:

	Rate of Return If State Occurs
	Probability of
State of Economy	State of Economy	Stock I	Stock II
Recession	.25	.05	-.17
Normal	.40	.24	.14
Irrational exuberance	.35	.18	.34

1. The market risk premium is 13 percent, and the risk-free rate is 5 percent.

What is the beta of each stock? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Stock I ________ Stock II ________ 2. What is the standard deviation of each stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) Stock I _______% Stock II _______%