Investment $2$ has a before$-$tax return of $8\%$ and the income from investment $2$ would be taxed at a $15\%$ preferential rate. Which of the following statements regarding these investment choices is false?

Multiple Choic$$

The after$-$tax rate of return on investment $1$ is $6\mathrm{.}5\%.$

The after$-$tax rate of return on investment $2$ is $6\mathrm{.}8\%.$

Investment $2$ bears implicit tax relative to investment $1.$

Mrs$.$ James should choose investment $1.$