1. There are only 3 assets to invest in, all being risky. AAPL has an expected return of 10% and volatility of 15%. MSFT has an expected return of 12% and volatility of 18%. TSLA has an expected return of 20% and volatility of 30%. Investors can form risky portfolios out of these 3 assets. Which one of the following statements is correct?

   		100% invested in MSFT is an inefficient portfolio.
   		100% invested in TSLA is an efficient portfolio.
   		On the expected return-volatility space, the set of all feasible risky portfolios is a curve that does not go through any of the 3 risky assets.
   		On the expected return-volatility space, the set of all feasible risky portfolios is a curve that goes through the 3 risky assets.