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# I provided the others since they give necessary information. Zimmer Corp. bonds are rated BBB, pay coupon interest of $120 per year, and have 10...

__I only need #4 clarified please. I provided the others since they give necessary information.__

**1**. Zimmer Corp. bonds are rated BBB, pay coupon interest of $120 per year, and have 10 years to maturity. The face value of the bond is $1,000. If the yield for similar bonds is currently 12%, what is the bond's current market value (B0)?

**1,000.00**

**2**. For the Zimmer Corp bond described in Problem 1, find the bond's value if the yield for similar bonds increases by 200 basis points ("bps") to 14%.

** 895.68**

**3**. For the Zimmer Corp bond described in Problem 1, find the bond's value if the yield for similar bonds decreases by 200 basis points to 10%.

**1,122.89**

** 4. Suppose the Zimmer Corp. bond paid interest semiannually. What would its value be if the yield is 12%?**