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Question 25 (15 marks) You are a Credit Officer at Capital Two Bank Ltd and Zebron Ltd has applied for a loan of $1,500,000. Miss
Question 25 (15 marks) You are a Credit Officer at Capital Two Bank Ltd and Zebron Ltd has applied for a loan of $1,500,000. Miss Lee, your trainee Credit Analyst has assessed the application and bas partially computed the Altman Z-score for the last three years and has presented you with the following:- 2018Z-Score=X1+X2+X3+X5=2.44262017Z-Score=X1+X2+X3+X5=1.85962016Z-Score=X1+X2+X3+X5=1.3218 She has also presented you with the following additional data on Zebron Lid Market price for each share of Zebron's common stock was as follows
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