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Professor Edward Altman shares the most common mistakes practicioners make in using his Z-Score research today

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Excerpt from the CFA Institute blog -- "To this date, I would say the vast majority of people are misusing the Z-score because they are applying it across the board regardless of the sector, the industry. And what we found over the years is that non-manufacturers, especially in certain industries like services or retail, have on average higher Z-scores than manufacturing companies."

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