Justin Rose is analyzing a project and has gathered the following data. Based on this data, what is the average accounting rate of return? The firm depreciates its assets using straight$-$line depreciation to a zero book value over the life of the asset. Assume there are no additional costs after Year $0.$

Question $19$Select one:

a$.$

$11\mathrm{.}20\%$

b$.$

$11\mathrm{.}67\%$

c$.$

$8\mathrm{.}08\%$

d$.$

$31\mathrm{.}54\%$

e$.$

$26\mathrm{.}17\%$