Question: 7. Consider the following CMBS structure: Ignoring amortization, if the deal loses $160 million what are the remaining balances for the AAA, AA, BBB and

 7. Consider the following CMBS structure: Ignoring amortization, if the deal

7. Consider the following CMBS structure: Ignoring amortization, if the deal loses $160 million what are the remaining balances for the AAA, AA, BBB and NR classes, respectively? Bond Credit Rating Initial Amount (mm) Amount after losses AAA $600 $150 BBB $95 NR $55

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