Piggy Bank is considering making a $10 million loan. The expected net income per dollar is 0.5 cents or $.005. The worst case scenario (1% probability) is that 8% of such loans default. When they do default normally only 40% of the loan value is recovered. Piggy Bank's RAROC is approximately:

• A.15.63
• B.10.42
• C.8.33
• D.6.33