Consider two local banks. Bank A has 100 loans outstanding, each for $1.0 million, that it expects will be repaid today. Each loan has a 4% probability of default, in which case the bank is not repaid anything. The chance of default is independent across all the loans. Bank B has only one loan of $100 million outstanding, which it also expects will be repaid today. It also has a 4% probability of not being repaid. Which bank faces less risk? Why? (Select the best choice below.) A. The expected payoffs are the same, but Bank A is riskier. I prefer Bank B. B. The expected payoff is higher for Bank A, but is riskier. I prefer Bank B