Which of the following risks represents the highest level of risk to the project?

Which of the following risks represents the highest level of risk to the project?
A. Likelihood of failure = 1%, potential cost of impact = $1m.
B. Likelihood of failure = 10%, potential cost of impact = $500,000.
C. Likelihood of failure = 20%, potential cost of impact = $150,000.
D. Likelihood of failure = 5%, potential cost of impact = $500,000.

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