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If Tom Invests $150,000 in a taxable corporate bond that provides a 5 percent before-tax return, how much will Tom's Investment be worth in either
If Tom Invests $150,000 in a taxable corporate bond that provides a 5 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. Multiple Choice $221.618; $397.995 $209,024: $349,040 $195.863: $292 342 $193,737; $284,376 O None of the choices are correct
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