Juniper Corporation 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 $870,000 9 years $120,000 Proposal Y $468,000 9 years $45,000 Straight-line $72,000 5- Straight-line 11% 7% point possible Suomit test What is the accounting rate of return for Proposal X? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, XXXX%) A. 3.26% OB. 2.68% OC. 13.79% OD. 4.27%