Determine which one of three portfolio's dominates another. Name the dominated portfolio and the portfolio that dominates it$.$ Portfolio Blue has an expected return of $14$ percent and risk of $19$ percent. The expected return and risk of Portfolio Yellow are $15$ percent and $18$ percent; and for Portfolio Purple are $16$ percent and $21$ percent.

Portfolio Blue dominates Portfolio Yellow.

Portfolio Yellow dominates Portfolio Purple.

Port folio Blue Dominates Portfolio Purple.

Portfolio Purple dominates Portfolio Yellow.