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Consider the following information on Stocks I and II:State of EconomyProbability ofState of EconomyRate of Return if State OccursStock IStock IIRecession.22.055?.27Normal.67.355.19Irrational exuberance.11.215.47The market risk premium is 11.7 percent, and the risk-free rate is4.7 percent.Requirement 1:(a)Calculate the beta and standard deviation of Stock I. (Do not roundintermediate calculations. Enter the standard deviation as apercentage. Round your answers to 2 decimal places (e.g.,32.16).)Stock IBetaStandard deviation% (b)Calculate the beta and standard deviation of Stock II. (Do notround intermediate calculations. Enter the standard deviation as apercentage. Round your answers to 2 decimal places (e.g.,32.16).)Stock IIBetaStandard deviation% Requirement 2:(a)Which stock has the most systematic risk?(Click to select)Stock IStock II(b)Which one has the most unsystematic risk?(Click to select)Stock IIStock I(c)Which stock is “riskier”?