Question: Question 4 3 pts Using Altman's model you calculate that a firm's Z-score is 0.3. This indicates that: The firm has a high probability to

Question 4 3 pts Using Altman's model you calculate that a

Question 4 3 pts Using Altman's model you calculate that a firm's Z-score is 0.3. This indicates that: The firm has a high probability to default in near future. Altman's model has nothing to do with default probability since it is a credit scoring model. It indicates nothing-the firm is just as likely to default as it is likely to not default. The firm will not default in the next year

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