Problem $9-10$ Dominant Portfolios $($LG$9-6)$

Determine which one of the three portfolios dominates another. Name the dominated portfolio and the portfolio that dominates it$.$ Portfolio Orange has an expected return of $25$ percent and risk of $24$ percent. The expected return and risk of portfolio Green are $24$ percent and $17$ percent, and for the Red portfolio are $24$ percent and $20$ percent.

Portfolio Red dominates portfolio Green.

Portfolio Green dominates Red.

Portfolio Orange dominates portfolio Green.

Portfolio Orange dominates portfolio Red.