9. Which of the following is NOT a correct statement? a) Risk-averse investors like expected returns and dislike risk, and therefore require compensation to assume additional risk. b) Efficient portfolios are those portfolios that offer the highest expected return for a given level of risk, or offer the lowest risk for a given expected return. c) The minimum variance portfolio is a portfolio that lies on the efficient frontier and has the minimum amount of portfolio risk available from any possible combination of available securities. d) Portfolios on the lower segment of the minimum variance frontier dominate portfolios that lie above the minimum variance portfolio on the upper segment