Please only compare Portfolios P and T: You have $$100$ invested in Portfolio

Q3. You have SIOO invested in Portfolio P in the Figure below It has E[Rp] = 10.5% and SD(Rp) = 8%. Assume rf = 5%, and the tangent portfolio, Portfolio T, has an expected return of 18.5% and a volatility of 13%. Note that each black dot represents a portfolio. 25% 15% 10% 5% Tangent or Efficient Portfolio Efficient Frontier Including Risk-Free Investment c Efficient Frontier of Risky Investments Risk-Free Investment 0% 6% 8% 12% 14% 16% Volatility (standard deviation) 18% 20% a. b. c. To maximize your expected return '*ithout increasing your volatility, wich portfolio would you invest in? Explain your answer. To keep your expected return the same but minimize your risk, which portfolio would you invest in? Explain your answer. umich portfolio is not possible to invest in? In other words, which portfolio is impossiblk