Fifth Bank has the following balance sheet with values stated in millions of dollars.All assets are associated with corporate customers (not governments or sovereigns).Refer to Table 20-8 for associated risk weights.

\begin{array}{ll}\text { Cash } & \$ 80& \text { Deposits } &\$550\\\text { Municipal General Obligation } & \$ 100 \\\text { Bonds } & \\\text { Residential Mortgages 1-4 } & \$ 220& \text { Long-Term Debt }&\$290 \\\text { family (LTV 60\%-80\%) } & \\\text { Conmercial loans } & \$ 500&\text { Equity } & \$60 \\\text { Total Assets } & \$ 900&&\$ 900\end{array}

In addition,Fifth Bank has off-balance sheet items as follows: (Refer to Tables 20-10 and 20-11)
$50 million in commercial letters of credit (LCs),
$300 million in 3-year interest rate swaps that are in-the-money by $2 million
$50 million in 4-year forward FX contracts that are out-of-the money by $2 million
What are the total risk-adjusted off-balance-sheet assets of the bank as defined under the Basel II standards?
A)$400 million.
B)$16.5 million.
C)$11.5 million.
D)$13.5 million.
E)$18.5 million.

A Criticism of the Basel I Risk-Based Capital Ratio Is

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