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Ok, ignore the z score someone mentioned. Noone uses that any more. Desk jockey and will
Succeed are generally right. You were also right to mention equity an CDS is a pretty important indicator of market perception as well. Equity is somewhat important as an indicator as it is your first line of defense against losses. However, sometimes things like an additional public offering will lower existing equity prices but boost binds as you now have higher protection. Also get familiar with liquidity and solvency / coverage metrics. Job sounds sweet man. Keep us posted.

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