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A $$4,000$ bond will pay you $$80$ interest at the end of each month until the face value of the bond $($$$4,000)$ is repaid at maturity. What is the fair market value of bond today if it matures in $62$ months and the market rate of return is $4\mathrm{.}96\%$ compounded monthly?

$$7,464\mathrm{.}90$

$$7,482\mathrm{.}96$

$$8,367\mathrm{.}53$

$$8,385\mathrm{.}58$

ge $5$:

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