Juniper Corporation is considering two alternative investment proposals with the following data: Proposal X Proposal Y Investment $870,000 $474,000 Useful life 7 years 7 years Estimated annual net cash inflows for 7 years $130.000 $85,000 Residual value $60.000 S- Depreciation method Straight-line Straight-line Required rate of return 16% 5% 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%.) H. O A. 0.66% OB. 1.64% O C. 14.94% OD. 3.65%