Joetz Corporation has gathered the following data on a proposed investment project (lgnore income taxes.): The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The simple rate of return for the investment (rounded to the nearest tenth of a percent) is: The simple rate of retum for the investment (rounded to the nearest tenth of a percent) is: Multiple Choice 18.16 127% 31.8% 26.5%