Corporate After-Tax Yield The Shrieves Corporation has $15,000 that it plans to invest in marketable securities. It is choosing among AT&T bonds (which yield 5.9%), AT&T preferred stock (with a dividend yield of 5.0%), and state of Florida muni bonds (which yield 4% but are not taxable). The federal tax rate is 21% (ignore any possible state corporate taxes). Recall that 50% of dividends received are tax exempt. Find the after-tax rates of return on all three securities after paying federal corporate taxes. Round your answers to three decimal places. After-tax rate of return on AT&T bond: % After-tax rate of return on AT&T preferred stock: % After-tax rate of return on Florida muni bonds: %