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You are analyzing an asset backed security with the following tranches: Tranche Size ( millions USD ) Senior 5 0 7 Mezzanine 5 4 3

You are analyzing an asset backed security with the following tranches:
Tranche Size (millions USD)
Senior 507
Mezzanine 543
Junior 234
What will be the size of the loss incurred by the Mezzanine tranche if the collateral pool experiences $307 million in losses?
Enter answer in millions (i.e. don't put in all the zeros).

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