Eastern Digital has issued a bond with a par value of $$1,000$ and a $5\%$ per year coupon.

The bonds mature in $5$ years and pay interest monthly. What is the current value of the

bond if the market interest rate is $7\%$ per year?

$$917\mathrm{.}996$

$$2,000\mathrm{.}00$

$$1,242\mathrm{.}67$

$$1,835\mathrm{.}99$

$$915\mathrm{.}830$

None of the above