Band X is nancallable and has 20 years to maturity, a 7% annual coupon, and a $1,005 par value. Your required retum on Bond x is 6%; if you buy i, you plan to held k for 5 years. You (and the marken) have expectations that in 5 years, the vield to maturity on a 15 -year bene with similac risk will be 5.5%. How much should you be willirg to pay f Bond X todoy? (hint: You will need to knaw haw much the bond will be worth at the end of 5 years.) Do not round mtermeonte caiculations. llound your ants iwer to the neares: cent. 5