Consider the following information on Stocks I and II: Rate of Return If State Occurs State of Economy Probability of State of Economy Stock Stock II .20 .25 .04 .32 -.16 .14 Recession Normal Irrational exuberance .55 .26 .42 The market risk premium is 9 percent, and the risk-free rate is 6 percent. 1(a)What is the beta of each stock? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Beta Stock Stock II 1(b)Which stock has the most systematic risk? Stock 1 Stock 11 2(a)What is the standard deviation of each stock? (Round your answers to 2 decimal places. Omit the "%" sign in your response.) Stock Stock 11 Standard deviation 1% % 2(b)Which one has the most unsystematic risk? Stock II Stock I 3. Which stock is "riskier"? Stock ! Stock