Pulsar Manufacturing has asked you to evaluate a capital inwestment project. The project will require an initial investment of 577 , ooo. The life of the investment is 6 years with a tesidual value of $7,000. If the project produces net annual cash inflows of $17,000, what is the accounsing rale of return? (Round any intermodiary caiculations lo the nearest dollar and your final answer to two decimal places, X.X% ) A. 6.93% B. 4.53% C. 5.41% D. 22.08%