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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
Mezzanine
Junior
What will be the size of the loss incurred by the Mezzanine tranche if the collateral pool experiences $ million in losses?
Enter answer in millions ie don't put in all the zeros
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