Please explain & show work:

(2-9)

The Shrieves Corporation has $10,000 that it plans to invest in marketable securities. It is Corporate After-Tax choosing among AT&T bonds, which yield 7.5%, state of Florida muni bonds, which yield Yield 5% (but are not taxable), and AT&T preferred stock, with a dividend yield of 6%. The corporate tax rate is 35%, and 70% of the dividends received are tax exempt. Find the after-tax rates of return on all three securities.