Given the ABS & ABS CDO shown, what is the minimum loss on the portfolio of underlying assets when Lower two ABS tranches have a 100% loss of principal? Senior ABS tranche has a 50% loss of principal? Equity ABS CDO tranche has a 100% loss of principal? Assets ABS Senior Tranche (70%) AAA ABS Mezzanine Tranche (25%) 888 ABS Equity Tranche (5%) Not Rated ABS CDO Senior Tranche (70%) AAA ABS CDO Mezzanine Tranche (25%) BBB ABS CDO Equity Tranche (5%) Not Rated