Consider the following information on Stocks I and II: Rate of Return if State Occurs State of Economy Recession Norsal Irrational exuberance Probability of State of Economy 8.45 e.30 0.25 Stock 1 0.84 e. 29 2.23 Stock IT -0.22 8.14 0.39 The market risk premium is 12 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 Stock Stock a-2. Which stock has the most systematic risk? Stock Ostock II 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.) Standard Deviation Stock 1 Stock 90