A company's risk management team has been analyzing a potential risk to its operations. They have identified the probability of the risk event occurring, and they wish to express this probability on a yearly basis. What is the company trying to calculate?

A$.$Risk threshold

B$.$Annualized Loss Expectancy $($ALE$)$

C$.$Single Loss Expectancy $($SLE$)$

D$.$Annualized Rate of Occurrence $($ARO$)$