You are a wealthy individual and you are considering two alternative investments in private businesses. The first business is structured as a partnership, and your income will flow through to you and you will be taxed at your personal tax rate, which is 40%. The second is structured as a corporation, where the income will be taxed at the corporate tax rate of 30%, and the post-corporate tax returns you make on your investment will be taxed at your capital gains tax rate of 20%. If the partnership investment is expected to generate a pre-tax return of 12%, what return would you need to make on the corporate investment, before corporate and capital gains taxes, to break even on an after-tax basis? Question 6 options: 7.20% 10.29% 11.25% 12.86% 21.43%