B. 1. Goldford National Bank 3. City Bank of Goldford 1. Goldford City is presently served by 5 banks with total deposits as follows: Bank Current Deposits (US$ million) $750 2. Goldford Commercial Bank 500 325 4. Goldford Merchant Bank 250 5. Goldford Trust Bank 175 Total 2,000 (1) Calculate the HHI based on bank deposits for the Goldford City. (5%) (2) Suppose that Goldford Merchant Bank and Goldford Trust Bank propose to merger. Calculate post-HHI based on deposits for the Goldford City. (5%) (3) Calculate the difference between pre-HHI and post-HHI. (5%) (4) Will US Justice Department approve this merger? Why? (5%) (5) Will the Federal Reserve System approve this merger? Why? (5%)