$($Bond valuation$)$ You own a $10-$year, $$$$1$ comma $000$ par value bond paying $7$ percent interest annually. The market price of the bond is $$$$775,$ 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$?$