A bank has Risk-Weighted Assets (RWA) of $400,000 and total assets of $600,000. The banks regulatory capital is shown in the table below.

The country applies a 1% countercyclical buffer. Basel III capital regulation applies.

Common Equity Tier 1 (CET1)	$22,000
Additional Tier 1	$5,000
Tier 2	$20,000

(a) The actual T1 ratio of this bank is . Round up your result to 3 decimal place. Do not show the calculations.

(b) The required amount of CET 1 capital to meet the CET 1 minimum requirement is . Do not type the $ sign.

(c) This bank meets the minimum capital requirements . Type F for fully, P for partially or N for not at all.

(d) The additional amount of CET1 (on top of the required minimum CET1) required to meet the Tier 1 minimum requirement is . Do not type the $ sign.

(e) The amount of free CET1 capital after meeting the Basel III minimum capital requirements is . Do not type the $ sign.

(f) This bank meets the buffers . Type Y for Yes, N for No, or ? if the question does not provide enough information to conclude.

(g) On the basis of the information above, the bank will be asked to .

Type 1 if the bank needs to restructure its assets.

Type 2 if the bank needs to reduce the payment of bonuses to its employees

Type 3 if no action is required.

Imagine that the Northern Territory government credit rating is downgraded by Moody's to Ba1.

Using the table of conversion provided here Basel_II_III_risk_weights_grade_and_weight.pdf ,

(h) Indicate the credit rating grade associated with lending to the Northern Territory government: Only type a number.

(i) Indicate the risk weight that should be used for that asset when calculating RWA %. If the weight is 120% only type 120 (no %).