Question: Question 7 Based on the befow table, which shows a $500 million senior-subordinate structured MES with 1 seniar bond class and 4 subordinate classes, answer

 Question 7 Based on the befow table, which shows a $500

Question 7 Based on the befow table, which shows a $500 million senior-subordinate structured MES with 1 seniar bond class and 4 subordinate classes, answer the question. It the defaute losses on the collateral totaled $19 million, whint tranchies would absorb the loss? Waver banche 5 Bistontr tranctie 4 and 5 ICF sibily tranche a and 5

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