I think its the last one, but can someone please double check, thanks

Assume that investor A has a risk aversion coefficient higher than that of investor B and that both investors employ the same set of assets. The investors solve the portfolio optimization problem that maximizes the expected excess portfolio return subject to a penalty for risk as measured by variance (see page 56 of the book). According to this information, which of the following statements is true? Both amounts are the same since the risky assets are the same The amount invested in the risky assets is higher for investor A The amount invested in the risky assets is higher for investor B