bank's difficulties

[krishnasty]

The bank acknowledged that they are and will continue to experience difficulties as it attempts to deal with the precipitous fall of the dollar against the yen and the dislocations reflected in the stock market decline.

(A) they are and will continue to experience difficulties as it attempts

(B) they are and will continue to experience difficulties as they attempt

(C) it is and will continue to experience difficulties as it attempts

(D) it is experiencing and will continue to experience difficulties as they make an attempt

(E) its difficulties are likely to continue as it attempts

[Frankenstein]

The bank(singular) acknowledged that they are and will continue to experience difficulties as it attempts to deal with the precipitous fall of the dollar against the yen and the dislocations reflected in the stock market decline.

(A) they are and will continue to experience difficulties as it attempts

(B) they are and will continue to experience difficulties as they attempt

(C) it is and will continue to experience difficulties as it attempts

(D) it is experiencing and will continue to experience difficulties as they make an attempt

(E) its difficulties are likely to continue as it attempts

[cans]

IMO E[/spoiler]

[viv_gmat]

I'm confused between C and E...
Can anyone please explain

[sameerballani]

IMO E