In analyzing the conversion decision in Equations 3.8 and 3.9, we assumed that any taxes due would be paid from non-converted funds that would otherwise be invested in an SPDA. How would these equations and thus the relevant comparisons in the conversion decision change if
a. Any taxes due were paid from the converted funds (ignore the 10% excise tax penalty due on early withdrawals).
b. Instead of paying the taxes from funds invested in an SPDA, the taxes were paid from funds invested in Savings Vehicle III (a special type of mutual fund).