Sten Enterprises are analysing the performance of their retail business and have calculated Value At Risk at $250,000 under the statistical method at a 95% confidence level, based on standard deviation of $65,000 and a mean of $150,000. The Net Profit of the retail business was $2,850,000 during the financial year 2019-20. What is the RAROC to one decimal place? Select one: a. 9.8% b. 11.8 c. 10.8 d. 10.5