Question
First Republic Bank is having a rough go of it lately. They decide to try to beef up their balance sheet and are able to
First Republic Bank is having a rough go of it lately. They decide to try to beef up their balance sheet and are able to manage to improve their credit ratios. You go sifting through the numbers and calculate the Altman Z Score. What is the minimum score you are hoping to see so that you know they aren't going to go into bankruptcy?
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
