Question

What is the minimum total capital (Tier I + Tier II) required to be adequately capitalized for the off-balance sheet derivative contracts (both interest rate swaps and foreign exchange forwards) under Basel II?

A. $0.24 million.

B. $0.36 million.

C. $0.72 million.

D. $0.60 million.

E. $0.48 million.

Answer

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