A $10-$year bond pays $8\%$ annual interest $($paid semi$-$annually$).$ If similar bonds are currently yielding $5\%$ annually, what is the market value of the bond?

Multiple Choice

$$1,000\mathrm{.}00$

$$1,857\mathrm{.}40$

$$1,233\mathrm{.}84$

$$1,080\mathrm{.}00$