$($Bond valuation$)$ You own a $15-$year, $$$$1,000$ par value bond paying $7\mathrm{.}5$ percent interest annually. The market price of the bond is $ $750,$ and your required rate of return is $12$ percent.

a$.$Compute the$$ bond's expected rate of return.

b$.$Determine the value of the bond to$$ you, given your required

rate of return.

c$.$Should you sell the bond or continue to own$$ it$?$