Bond ex is noncallable and has $20$ years to maturity a $7\%$ annual coupon and a $$1000$ par value your required return on bond X is $6\%$ if you buy it you plan to hold it for five years you in the market have expectations in five years deals maturity on a $15$ year bond with similar risk will be $5\mathrm{.}5\%$ how much should you be willing to pay for Bond x today