Time-Adjusted Rate of Return. Yamamoto Corporation will invest in the project below that provides the highest time-adjusted rate of return, provided it exceeds the firm's cost of capital of 10 percent. Annual Cost Project Life Proje! Sanngs Investor (Years) $8,000 $32,000 B 3.500 12.000 8 5.000 20,000 Which project should be selected? Provide calculations to support your answer.