Please answer all Questions and provide working out

What is true about Tier 1 and Tier 2 capital under Basel III? a. Tier 1 is "going-concern capital" while Tier 2 is "gone-concern capital". b. Both Tier 1 and Tier 2 capital rank below depositors in a liquidation. c. Tier 1 capital includes share capital and retained earnings, while Tier 2 capital includes debt subordinated to depositors. d. All of the above. Clear my choice An investment has a 0.5% chance of a loss of $20 million and a 99.5% chance of a loss of $4 million. The 99% VaR and the 99% Expected Shortfall of the investment are: a. $4 million and $20 million b. $4 million and $9.1 million c. $4 million and $12 million d. \$2 million and $12 million Clear my choice