Hi David,
Could you please walk me through how to transform Altman Z score of say 1.10 to Probability of Default ei between 0-1 number using Logit and Probit.
Thank for your help.
David, Do you have screencast on EigenValues that i probably missed? Please let me know. Its possible to do one these days if you don't have one.
Thanks.
David, when computing a marginal default probability using the term structure approach, we use
expected return on a corporate bond and a treasury (risk-free) security. If the company has no Bond but its debts are loans, how is this approach use? can one use the same fomular? Are there any...
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