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13. Altmans Z scores are assigned based on a firm's financial characteristics and are used to predict a) required coupon rates for new bond issues.
13. Altmans Z scores are assigned based on a firm's financial characteristics and are used to predict
- a) required coupon rates for new bond issues.
- b) bankruptcy risk.
- c) the likelihood of a firm becoming a takeover target.
- d) the probability of a bond issue being called.
- e) None of the options
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