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If Tom invests $55,000 in a taxable corporate bond that provides a 11 percent before-tax...

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Accounting

If Tom invests $55,000 in a taxable corporate bond that provides a 11 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.

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