8) John buys a corporate bond that pays 15%, pays interest twice per year, and matures in 20 years. How many compounding periods are there? 9) Jose decides to open a restaurant. After analyzing costs and forecasting revenue he realizes he can earn about a 12% return on his investment. What factors must Jose think about in making his decision if the current small business loan is 8X? 10) Justin has saved 50,000. He can invest it in a real estate venture that will pay 15% for 10 years, and then in a mutual fund for an additional 10 years at a 9.50% annual return. He's hoping that in 20 years, when he is 40, he will have enough money to pay for his child's college education, estimated at about $75000 per year. Will he have enough