The Capital Adequacy Ratio ((tier 1 capital + tier 2 capital) / Risk Weighted Assets) of a commercial bank given the data hereafter is?

Data: Loans 80M, deposits 88M, subordinated long-term debt 5M, equity capital 7M. The loans are 20% Debenture, 50% Mortgage, and 10% Loan to the Government. Their corresponding risk weighting are 90%, 75%, 0%.

Select one:

22%

15%

13%