Juniper Corporation is considering two alternative investment proposals with the following data: Investment Useful life Estimated annual net cash inflows for 10 years Residual value Depreciation method Required rate of return Proposal X $880,000 10 years $110,000 $60,000 Straight-line 16% Proposal Y $543,000 10 years $65,000 $- Straight-line 11% 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, X.XX%.) A. 3.18% B. 2.5% C. 1.97% OD. 12.5%