Use the following graph to answer CFA Problems

Which indifference curve represents the greatest level of utility that can be achieved by the investor?

Minimum Variance Frontier With Capital Allocation Line Expected Return Minimum Variance Frontier CAL (Interest Rate = 0.12) 0.05 0.1 0.15 0.2 0.25 0.3 0.35 Standard Deviation Minimum Variance Frontier With Capital Allocation Line Expected Return Minimum Variance Frontier CAL (Interest Rate = 0.12) 0.05 0.1 0.15 0.2 0.25 0.3 0.35 Standard Deviation