29. If Tom invests $155,000 in a taxable corporate bond that provides a 6 percent before-tax return, how much will Tom's investment be worth in either 8 or 20 years from now when the bond matures? Assume Tom's marginal tax rate is 35 percent.

A) 24.05%

B) 6.19 %

C) 2.90%

D) 2.46%

E) None of the choices are correct

30. Assume that Marsha is indifferent between investing in a city of Destin bond that pays 3.75 percent interest and a corporate bond that pays 5.25 percent interest. What is Marsha's marginal tax rate?

A)57.14%

B)43.57%

C)33.57%

D)21.79%

E)28.57%