Arvo Corporation is tryiX-1 Corp's total assets at the end of last year were $455,000 and its EBIT was $47,500. What was its basic earning power (BEP) ratio?ng to choose between three alternative investments. The three securities that the company is considering are as follows: Tax-free municipal bonds with a return of 9.20%. Wooli Corporation bonds with a return of 10.90%. CFI Corp. preferred stock with a return of 9.70%. The company's tax rate is 25.00%. What is the after-tax return on the best investment alternative? Assume a 50.00% dividend exclusion for taxes on dividends. (Round your final answer to 3 decimal places.)