Harman Company is considering two alternative investment proposals with the following data: Investment Useful life Estimated annual net cash inflows for 9 years Residual value Depreciation method Required rate of return Proposal X $820,000 9 years $120,000 Proposal Y $511,000 $62,000 9 years $88,000 $- Straight-line Straight-line 20% 8% What is the accounting rate of retum for Proposal Y? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, XXX%) OA 17.22% OB. 11.11% OC. 6.11% OD. 4.36%