Missing beta for stock II

Consider the following information about Stocks I and II: Rate of Return If State Occurs Probability of State of Economy Stock State of Economy Recession Normal Irrational exuberance .25 .08 Stock II -.23 .10 .43 45 .30 .20 .09 The market risk premium is 8 percent, and the risk-free rate is 6 percent. (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16. Enter your return answers as a percent. ) 0.95 The standard deviation on Stock I's return is 5.71 percent, and the Stock I beta is The standard deviation on Stock Il's return is 24.42 percent, and the Stock Il beta is . Therefore, based on the stock's systematic risk/beta, Stock I is "riskier