Question 12 Not yet answered Marked out of 4.00 p Flag question D. Try to choose the correct answer, note that four wrong answers will cancel one correct answer (i.e. each wrong answer will be penalized by -1 pt.): [ 4 pts. ] Tuggle, Inc., which manufactures rigid shaft couplings has $1,050,000 to invest. The company is considering three different projects that will yield the following rates of return. If Tuggle's MARR is 15% per year and it invests in all three projects, which of the following value is closest to the rate of return that the company will make? Projects X Y z Initial Investment, (S) 250,000 200,000 600,000 Rate of Return, (%) 23 31 36 Select one: a. 35 b. 38 c. 29 d. 32