22.

22. Which of the following portfolios cannot lie on the efficient frontier as described by Markowitz? A) A portfolio with 10% expected return and 20% standard deviation B) A portfolio with 12% expected return and 15% standard deviation portfolio with 5% expected return and 8% standard deviation DA portfolio with 15% expected return and 35% standard deviation E) A portfolio with 20% expected return and 40% standard deviation C) A