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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.
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.