Question: Edward L . Altman developed a multivariate model to predict bankruptcy. The model produces an overall discriminant score called a Z value. Which of the
Edward L Altman developed a multivariate model to predict bankruptcy. The model produces an overall discriminant score called a Z value. Which of the following statements is probably an unreasonable statement relating to the Z value?
The lack of a market value for a company's stock will reduce the siprificance of the value approach.
AZ score of or below indicates a very healthy compary.
Total assets an important connideration in the value computation
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