The Following Three FIs Dominate a Local Market and Their

Multiple Choice

The following three FIs dominate a local market and their total assets are given below. $$\begin{array} { | c | r | } \hline \text { Institution } & \text { Asset Size } \\\hline \text { Bank A } & \text { \$50 million } \\\hline \text { Bank B } & \text { \$60 million } \\\hline \text { Bank C } & \text { \$90 million } \\\hline\end{array}$$ If Bank C splits into two separate institutions at ½ its original size each, what is the new Herfindahl-Hirschman (HHI) Index?

A) 60.
B) 340.
C) 2,538.
D) 2,847.
E) 10,000.