Which Two of the Following Conditions Could Mean That Project

Multiple Choice

Which two of the following conditions could mean that Project X will be preferred to Project Y, under the Mean- variance rule.

A) The variance of X is equal to or less than that of Y.
B) The variance of X is less than that of Y.
C) The expected return of X is at least equal to the expected return of Y.
D) The expected return of X is less than that of Y.