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Using the Altmans Z score, you determine the Z score is 1.7. The correct interpretation of this score is A. The firm has a low
Using the Altmans Z score, you determine the Z score is 1.7. The correct interpretation of this score is
| A. | The firm has a low probability of failure within two years |
| B. | The firm has a high probability of failure within two years |
| C. | The firm has an unsure probability of failure within two years |
| D. | Altmans Z is only useful for forecasting within one year |
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
