Determine which one of the three portfolios dominates another. Name the dominated portfolio and the portfolio that dominates it$.$ Portfolio Red has an expected return of $24$ percent and risk of $19$ percent. The expected return and risk of portfolio Orange are $22$ percent and $15$ percent, and for the Green portfolio are $22$ percent and $16$ percent.

Portfolio Green dominates portfolio Orange.

Portfolio Orange dominates Green.

Portfolio Red dominates portfolio Orange.

Portfolio Red dominates portfolio Green.