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If Tom invests $85,000 in a taxable corporate bond that provides a 8 percent before-tax return, how much will Tom's investment be worth in either

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If Tom invests $85,000 in a taxable corporate bond that provides a 8 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 $157,329; $396,181 $142,797. $298,943 $129,636: $242,245 $127,510, $234,279

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