The collateral pool for a CDO has $50 million in high-yield bonds with an average credit rating of BB and an average coupon of 7.5%. The CDO has issued the following securities: - Senior tranche: $30 million, AA rated, and 3% coupon. - Mezzanine tranche: $15 million, B rated, and 2.4% coupon. - Equity tranche: $5 million, unrated. Ignoring fees and expenses answer the following: a. Assuming no defaults, the annual payment to each tranche is closest to: Senior:$Mezzanine:$Equity:$millionsmillionsmillions Round all answers to two decimals. b. Assuming $5 million of assets completely default, the annual payment to each tranche is closest to: c. Assuming $18 million of assets completely default, the annual payment to each tranche is closest to: Senior: Mezzanine: $ millions