Suppose you$$re evaluating three alternative MMMF investments. The first fund buys a diversified portfolio of municipal securities from across the country and yields $2\mathrm{.}7$ percent. The second fund buys only taxable, short$-$term commercial paper and yields $5\mathrm{.}2$ percent. The third fund specializes in the municipal debt from the state of New Jersey and yields $2\mathrm{.}4$ percent. Your federal income tax rate is $35$ percent and you are a resident of Texas, which has no state income tax.

a$.$ Calculate the aftertax yield for each of the alternatives. $($Do not round intermediate calculations. Enter your answers as a percent rounded to $2$ decimal places.$)$