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Which of the following statements about operational risk capital approaches is correct?
A
The standardized approach estimates the 99.9 percentile of the 1-year loss for every combination of business lines and operational risk types
B
The standardized approach treats operational risk like credit risk and sets capital equal to the 99.9 percentile of the loss distribution
C
The basic indicator approach sets risk capital equal to 15% of the bank's 3-year average annual gross income
D
The standardized approach uses the same percentage for all business lines
