Question 28 Suppose that the financial ratios of a potential borrowing firm took the following values: X₁ = 0.30 X₂=0 X3

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Question 28 Suppose That The Financial Ratios Of A Potential Borrowing Firm Took The Following Values X 0 30 X 0 X3 1 (66.38 KiB) Viewed 19 times

Question 28 Suppose that the financial ratios of a potential borrowing firm took the following values: X₁ = 0.30 X₂=0 X3 = -0.30 X4 = 0.15 X5 = 2.1 Altman's discriminant function takes the form: Z = 1.2 X₁+ 1.4 X₂ + 3.3 X3 + 0.6 X4+ 1.0 X5 The Z score for the firm would be: O 2.1. 3.54. 2.96. O 1.64. 1.56. 1 pts