(c) Consider Table 2 and historical returns and risk data for portfolios 1 and 2, and the market. You are asked to evaluate the performance of portfolio 1 and portfolio 2. Which portfolio performs best? Explain your answer. Portfolio Beta in past year Portfolio 1 Portfolio 2 Market Riskless asset Table 2 Return in the past Standard deviation in year the past year 8% 12% 8% 14% 6% 10% 2% 0% 1.2 1.2 1.0 0.0