Suppose the market return is $14\%$ and the risk$-$free rate is $6\%,$ consider the following two stocks:

State of Economy

Probability of State of Economy

Return in Each State

Walmart

Whole Foods

Depression

$\mathrm{.}25$

$\mathrm{.}08$

$\mathrm{.}23$

Average

$\mathrm{.}45$

$\mathrm{.}20$

$\mathrm{.}10$

Boom

$\mathrm{.}30$

$\mathrm{.}09$

$\mathrm{.}43$

Which stock is deemed riskier from the perspective of a typical risk$-$averse investor who has full access to the stock market?

Group of answer choices

Walmart

Whole Food

Both are equally risky

Cannot be determined