Citibank sold at par a $$1,000$ bond with a coupon rate of $8$ percent and $20$ years to maturity. If this bond pays interest semiannually, what is the value of this bond to an investor who requires an $8$ percent rate of return?

Question $11$ options:

$$1,080$

$$1,000$

$$607\mathrm{.}72$

$$692\mathrm{.}00$