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A bank in Cork, Ireland has 4 0 0 million in assets in the 0 percent risk weight category, 1 0 0 0 million in

A bank in Cork, Ireland has 400 million in assets in the 0 percent risk weight category, 1000 million in assets in the 20 percent risk weight category, 5000 million in assets in the 50 percent risk weight category and 8000 million in assets in the 100 percent risk weight category. This bank has 685 million in core (Tier 1) capital (e.g., common and preferred equity) and 115 million in Tier 2 capital (e.g., allowance for loan & lease losses or ALL, subordinated debt, etc.). What is this bank's ratio of Tier 1 capital to risk-weighted assets?
A.
6.25 percent
B.
6.40 percent
C.
6.35 percent
D.
1.07 percent
E.
7.48 percent

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