Consider the following information on Stocks I and II:

Rate of Return if State Occurs

State of Economy / Probability of State of Economy / Stock / I Stock II

Recession .06 -.05 -.25

Normal .2 .15 .37
Irrational exuberance .74 .25 .43

The market risk premium is 8 percent, and the risk-free rate is 4 percent.

For standard deviations: (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16.))

For betas: (Round your answers to 2 decimal places. e.g., 32.16.)

The standard deviation on Stock I's expected return is ??? percent, and the Stock I beta is ???. The standard deviation on Stock II's expected return is ??? percent, and the Stock II beta is ??? Therefore, based on the stocks' systematic risk/beta, Stock 1 or 2 is "riskier".