Emst Gurtenbacher is coming in to see you about his investments. He is quite concemed about the amount of taxes that he pays, as his MTR is 43%,50 he would like you to demonstrate to him how different types of investment incomes are taxed differently. In the 2nd chart provided below, rank the investment options below from highest after-tax retum to lowest after-tax retum and show Ernst the after-tax rate of return (in \%) that each investment would produce for him. - A preferred stock of a Canadian public company that will pay a 6.0% dividend over the next year - A GlC that will pay 5.60% interest over the next year - A Canadian corporate bond with a face value of $1000, exactly one year remaining to maturity, a coupon of 1.93% and a YTM of 4.62% - A Canadian public company common share that does not pay a dividend, but is expected to realize a 5.0% increase in market value over the next year - A Canadian equity mutual fund that will pay a 2.5% dividend and is also expected to realize a 3.0% increase in its NAVPS over the next year - ALL figures (intermediate \& final answers) should contain 3 decimal places Preferred stock Mutual Fund GIC Common Share Corporate Eond \begin{tabular}{|c|l|} \hline Investment & After-tax Return \\ \hline 1. & \\ \hline 2. & \\ \hline 3. & \\ \hline 4. & \\ \hline 5. & \\ \hline \end{tabular}