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Suppose that the principle assigned to the senior, mezzanine, and equity tranches is 85% , 5 % , and 10% instead of 75% , 20%
Suppose that the principle assigned to the senior, mezzanine, and equity tranches is 85% , 5 % , and 10% instead of 75% , 20% , and 5%. In figure 16.4. How are the result in the table 16.1 affected? Discuss how the risks borne by investors change
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