12-6 100. Project C will Projects C and D have an identical cash investment of $2,000. yield $500 a year after taxes for the next five years. Project D is en $600 at the end of one year, $400 at the end of two years, and $20 three years. Determine the average rate of return for Projects ats. Project Dis expected to earn years, and $200 at the end of urn for Projects C and D. 12