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We estimate probability of bankruptcy using the Hazard model of Shumway (2001). A firm has NITA of 0.00, TLTA of 0.7, EXRET of -0.2,
We estimate probability of bankruptcy using the Hazard model of Shumway (2001). A firm has NITA of 0.00, TLTA of 0.7, EXRET of -0.2, SIGMA of 0.3 and RSIZE of -5. Which of the following is closest to the estimated probability of bankruptcy in the next period? a. 0.0010 b. 0.0020 c. 0.9980 d. 0.9990
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Equity Asset Valuation
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
2nd Edition
470571439, 470571438, 9781118364123 , 978-0470571439
