Consider the following information on Stocks I and II: Rate of Return if State Occurs Stock I State of Economy Recession Normal Irrational exuberance Probability of State of Economy .30 .30 .40 .05 Stock II -.18 .14 .35 .25 19 The market risk premium is 8 percent and the risk-free rate is 4 percent. a-1. What is the beta of each stock? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Beta 1.67 Stock Stock II a-2. Which stock has the most systematic risk? Stock 1 Stock 11 b-1. What is the standard deviation of each stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Stock Stock 11 Standard Deviation % %