7. The city of West Yehuritz is served by ten banks each with a 10% market share of deposits. However, they differ in the number of branches they operate. Under current Fed policy, if the bank with the largest number of branches were to merger with the bank operating only one branch, the application to merge would a. likely be denied because one bank would now have the largest number of branches b. likely be denied because the HHI of deposits would increase from 1000 to 4000 c. likely be approved because the HHI of deposits would increase from 1000 to 4000 d. likely be approved because the surviving bank would still have a very small market share e unable to determine with the information provided