RAROC这个知识点在哪个章节有提到啊？

问题如下：

A junior analyst at a bank is asked to provide suggestions on potential metrics the bank can use in its capital management program. The analyst prepares a presentation discussing the advantages and disadvantages of the RAROC metric. Which of the following statements is most appropriate for the analyst to include in the presentation?

一家银行的初级分析师被要求就银行在资本管理计划中可能使用的潜在指标提供建议。该分析师准备了一份报告，讨论风险调整资本回报率（RAROC）指标的优缺点。以下哪项陈述最适合该分析师在报告中提及？

选项：

A.

RAROC will make it easier to compare the profitability of business divisions that require different levels of capital.

RAROC 将使比较需要不同资本水平的业务部门的盈利能力变得更容易。

B.

B. RAROC allows the firm to benchmark its performance against operating targets set by industry peers.

RAROC 允许公司根据行业同行设定的运营目标来衡量其绩效。

C.

RAROC is an effective forward-looking tool to model potential extreme losses during stress scenarios.

RAROC 是一种有效的前瞻性工具，可用于模拟压力情景下的潜在极端损失。

D.

An activity is adding value to the bank’s shareholders if its cost of equity capital is higher than its RAROC.

如果一项活动的股权资本成本高于其 RAROC，那么该活动正在为银行股东增加价值。

解释：

Explanation: A is correct. RAROC allows firms to compare the profitability of business lines that require different amounts of economic capital.

B is incorrect. RAROC does not provide a benchmark against a peer group; rather it assesses if internal projects or business units are providing value to the firm (i.e. providing risk-adjusted returns higher than the firm’s cost of equity capital).

C is incorrect. RAROC uses an expected return but does not quantify losses during stress scenarios; other metrics such as expected loss or methods such as scenario analysis are more useful in assessing potential extreme losses during stress situations.

D is incorrect. The activity is adding value if its RAROC is higher than the cost of equity capital.

A正确。RAROC允许公司需要比较不同数量经济资本的业务线的盈利能力。
B不正确。RAROC不提供对同行群体的基准;相反，它评估内部项目或业务部门是否为公司提供价值(即提供风险调整后的回报高于公司的权益资本成本)。
C选项不正确。RAROC使用预期收益，但并不量化压力情景下的损失; 而其他指标，如预期损失或方法，如情景分析等，则在评估压力情况下潜在的极端损失时更有用。
D选项不正确。如果该活动的RAROC高于权益资本成本，则该活动将增加价值。