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ABC Bank has made 1000 interest-only mortgage loans, reflecting $250,000,000 in balances. After five years, 75 loans have defaulted, reflecting $28,000,000 in defaulted principal. $15,000,000

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ABC Bank has made 1000 interest-only mortgage loans, reflecting $250,000,000 in balances. After five years, 75 loans have defaulted, reflecting $28,000,000 in defaulted principal. $15,000,000 in losses have been incurred. What is the dollar weighted (%) and unit-weighted ($) loss given default on these loans

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