Chapter 03 Post-quiz 3. 1.00 4.0.00 5.2.00 considering are as follows: 6. 0.00 7.1.00 8.200 O The company s tax rate is 35.00%. What is the after-tax return on the best investment alternative? Assume a 70.00)% dividend Arvo Corporation is trying to choose between three alternative investments. The three securities that the company is Office Tax-free municipal bonds with a return of 8.80% Wooli Corporation bonds with a return of 11.75% CFI Corp. preferred stock with a return of 9.80% exclusion for tax on dividends. (Round your final answer to 3 decimal places.) 10.1.00 a. 8.800% b. 8.448% c. 9.504% d. 9.064% e. 8.624% 11.0.00 ( Hide Feedback 1138 PM R 19 ENG9/28/2018 3