An investment has an initial cost of $300,000 and a life of four years. This investment will be depreciated by $60,000 a yout and will generate the net inc average accounting rate of return (AAR) # the required rate is 9.5 percent? Why or why not? Year Net Income 1 $14,500 2 16,900 3 19,600 4 23,700 No, because the AAR is greater than 95 percent No, because the AAR IS 9.5 percent Yos, because the AAR than 95 percent o Yes, because the AAR IS greater than 9.5 percent Yes, because the AAR IS 95 percent