Suppose a State of California bond will pay $$1,000$ nine years from now. If the going interest rate on these $9-$year bonds is $5\mathrm{.}8\%,$ how much is the bond worth today? $($Hint: ZERO$-$coupon bond!$)$

$$587\mathrm{.}98$

$$602\mathrm{.}05$

$$709\mathrm{.}79$

$$827\mathrm{.}05$

$$905\mathrm{.}30$