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QUESTION 17 In the 1960's, Edward Altman developed the Z-score which is used to reduce risk through diversification provide risk alleviation through derivative instruments, a

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QUESTION 17 In the 1960's, Edward Altman developed the Z-score which is used to reduce risk through diversification provide risk alleviation through derivative instruments, a type of insurance predict bankruptcy reduce the firm's dependence on institutional lenders

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