Determine which one of these three portfolios dominates another. Name the dominated portfolio and the portfolio that dominates it. Portfolio Purple has an expected return of 9 percent and risk of 23 percent. The expected return and risk of portfolio Blue are 12 percent and 22 percent, and for the Yellow portfolio are 10 percent and 28 percent.

• Portfolio Yellow dominates portfolios Purple and Blue.

• Portfolio Purple dominates portfolios Blue and Yellow.

• Portfolio Blue dominates portfolios Purple and Yellow.