Consider two local banks, Bank A has 89 loans outstanding. each for $1.0 millon, 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 al the loans. Bank B has only one loan of $89 metion outstanding, which it also expects will be repaid today. It also has a 4% probability of not being repaid. Calculate the following a. The expected overall payoff of each bank. b. The standard deviation of the overall payoff of each bank. a. The expectod overall payoff of each bank. The expected overall payoff of Bank A is $S5 million. (Round to the nearest integer.) The expected overall payof of Bank B is 5 milion. (Round to the nearest integer.) b. The standard deviation of the overall payoff of each bank. The standard devation of the overall payofil of Bank A is (Round to two decimal places.)