a bank has the following transaction with a AA-rated corporation

a) A two year interest rate swap with a principal of $100 million that is worth $3 million

b) A nine months foreign exchange forward contract with a principal of $150 milllion that is worth -$5 million

c) An long position in a six month option on gold with a principal of $50 million that is worth $7 million

What is the capital requirement under Basel I if there is no netting?

What difference does it make if the netting amendement applies? What is the capital required under Basel II when the standardized approach is used?