Assets of Comet Bank have different levels of credit risk. They are classified into $4$ categories $($Category $1-4).$ Each

risk category has a corresponding risk weight as shown below.

Key items in the bank's balance sheet and the applicable risk category of each asset are summarised below $($all

numbers are in millions of dollars$).$

The bank also has the following off$-$balance$-$sheet assets:

$$70$ million in performance bonds issued to public corporations

$$300$ million in $10-$year FX forward contracts with a replacement cost of negative $$12$ million.

$$120$ million in FX futures contracts traded through the Australian Securities Exchange.

The conversion factor for performance bonds is $50\%$ and for the forward contracts is $7\mathrm{.}5\%.$ The risk weight of

a public corporations is $100\%.$

Based on Basel III, what is the Total capital ratio of this bank?

a$.10\mathrm{.}996\%$

b$.$ None of the options.

c$.17\mathrm{.}945\%$

d$.5\mathrm{.}052\%$

e$.18\mathrm{.}425\%$

Clear my choice