Allan wishes to earn a return of no less than 5% and maximizes his chance of exceeding 6% return. Which of the following portfolios is best suited to Allan? Expected Return Variance Allocation Plan 1 7% 0.06 Allocation Plan 2 9% 0.09 Allocation Plan 3 11% 0.16 Allocation Plan 4 4% 0.01 O a. Portfolio 1 O b. Portfolio 2 O c. Portfolio 3 O d. Portfolio 4