Consider the following information on Stocks I and ll: Rate of Return if State Occurs Probability of State of Economy Recession Normal Irrational exuberance State of Economy Stock I Stock II 0.40 0.30 0.30 0.04 0.28 0.22 0.21 0.14 0.38 The market risk premium is 11 percent and the risk-free rate is 4 percent. a-1. What is the beta of each stock? (Do not round intermediate calculations. Roun places.) Beta Stock l Stock Il