Suppose Trixie has a mean$-$variance utility function: $=()$

$1$

$2$

$2$

$.$ Trixie$$s

risk aversion parameter, A$,$ is equal to $3\mathrm{.}0.$ Trixie is given a choice between the

following alternative portfolios:

Portfolio Expected Return Standard Deviation

Alpha $14\%20\%$

Theta $12\%15\%$

Gamma $7\%6\%$

Lambda $10\%8\%$

Which does Trixie like best? Which does she like the least? Rank all the

portfolios from most preferred to least preferred.