1. Say the optimal risky portfolio has a weight of 50% in VTI and50% in VCIT. Portfolio A is the portfolio that is composed of 30%in VTI and 70% in VCIT, and Portfolio B is composed of 40% in VTIand 60% in VCIT. Which statement is False?
   a) Portfolio A has a lower expected return than Portfolio B
   b) Portfolio A has a lower volatility than Portfolio B
   c) Portfolio A has a lower Sharpe ratio than PortfolioB.                                  
   d) We cannot tell whether portfolio A or B has a higher Sharperatio.