A financial manager must choose between three alternative investments. Each asset is expected to provide earnings over a three-year period as described below. Based on the wealth maximization goal ,...

1. A financial manager must choose between three alternative investments. Each asset    is expected to provide earnings over a three-year period as described below. Based on the
   wealth maximization goal, the financial manager would choose  (Justify your answer)
   

(a)       Asset X.

(b)       Asset Y.

(c)       Asset Z.

(d)       Be indifferent between Asset X and Asset Y