Consider the following information on stocks I and II:

State of Economy	Probability of State of Economy	Rate of Return if State Occurs
		Stock I	Stock II
Recession	0.06	0.15	-0.35
Normal	0.69	0.35	0.35
Irrational exuberance	0.25	0.43	0.45

The market risk premium is 8 percent, and the risk-free rate is 3.6 percent. The beta of stock I is _____ and the beta of stock II is _____.

3.21; 3.84

2.08; 2.47

2.08; 2.76

4.03; 3.71

4.47; 3.89