Estimate the capital requirement under Basel I for a bank that has the following transactions with another bank, Assume no netting.
(a) A two-year forward contract on a foreign currency, with the following information:
Current value of the contract (in $millions):			4.3
Contract to buy forreign currency worth (in $millions):			58
(b) A long position in a six-month option on the S&P500, with the following information:
The principal (in $millions)			21.1
Current value of the option (in $millions):			5.8
(c) A five-year swap involving gold, with the following information:
The principal (in $millions)			32.4
Current value of the swap (in $millions):			-3.5
What difference does it make if the netting amendment applies?