________ is acquiring ownership of realty by openly treating it as one's own, with neither protest nor permission from the real owner, for a statutorily established period of time

Migration analysis is a tool to measure credit concentration risk and refers to

A. the identification of problem loans in sectors by observing periodic migration of industries. B. the identification of credit concentration by observing trends in market borrowing by different sectors of the industry. C. the identification of credit concentration by observing the downgrading or upgrading of credit ratings on securities in different sectors of industry by public rating agencies. D. the identification of borrowing patterns such as long or short term debt by different sectors of industry. E. the identification of shifts in debt/asset ratios of firms in specific industries.

A firm has three independent projects under consideration each with a required rate of return of 10%/ The total projects budget is only $2,000. Project X has an initial investment of $2,000 and a single cash flow in year one of $2,360

Project Y has an initial investment of $1,000 and a single cash flow in year one of $1,200. Project Z has an initial investment of $1,000 and a single cash flow in year one of $1,170. Calculate the IRR and NPV for each of these projects. If we assume that we cannot "repeat" these projects (i.e., we cannot do project Z twice) which project or combination of projects should the firm undertake? Why?