Use the Figure for the Question(s)below

Use the figure for the question(s) below.Consider the following graph of the security market line:
-Which of the following statements regarding portfolio "A" is/are correct? 1.Portfolio "A" has a positive alpha.
2.Portfolio "A" is overpriced.
3.Portfolio "A" is less risky than the market portfolio.
4.Portfolio "A" should not exist if the market portfolio is efficient.

A) 1 and 2
B) 1,3,and 4
C) 1 and 3
D) 1,2,3,and 4