9. First Bank has the following balance sheet in millions of dollars with the Basel 2 risk weights given in parentheses. a. Does the bank have enough capital to meet the requirements as specified by Basel II? b. The bank wishes to keep its Tier 1 ratio at 6%. They will sell a portion of their consumer loans and invest them in U.S. government bonds. How much consumer loans should they sell? $ 1420m $ 2om $ 25m U.S. Govt T-Bonds (0%) $150m Deposits Govt. Agency FNMA Bonds (20%) $250m Subordinated Debt (Tier II) University Dorm bonds (50%) $350m Preferred Stock (Tier II) Consumer Loans AAA-rated (20%) $450m Commercial Loans BBB-rated (100%) $3oom Equity (Tier I) Total $1500m $ 35m $1500m