An investor having a risk aversion coefficient (A) equal to 2.0 is considering three portfolios of varying risk and return as shown in the table below. Assuming a risk-free rate equal to 4%, which statement below isCORRECT?

Portfolio	Return	Volatility	Sharpe Ratio
Low Risk	7%	10%	0.30
Medium Risk	10%	20%	0.30
High Risk	13%	30%	0.30

Utility of High Risk Portfolio = 4.0%

Group of answer choices

All three portfolios provide the same utility to the investor since they all have the same Sharpe ratio and lie on the Capital Allocation Line (CAL)

Of the three portfolios, the High Risk portfolio provides the highest utility to the investor.

The investor would have the same preference (i.e. utility) for the low and medium risk portfolios.

The investor would have the same preference (i.e. utility) for the medium and high risk portfolios.