please dont use excel. I need answers done by hand written and dont copy paste!

Consider the following information about stocks I and II: Rate of return if state occurs Probability of State of state of Stock I Stock II economy economy Recession 0.15 - 2% -20% Normal 0.55 8% 10% Boom 0.30 22% 25% The market risk premium is 8 percent, and the risk-free rate is 2 percent. a) Which stock has more systematic risk? Which stock has more total risk? Assume both stock are correctly priced. Show your work. (20 marks) b) Compute the variance of a portfolio that is 40% invested in stock I and 60% invested in stock