Company PQR bonds have the following terms: they mature in $8$ years; they pay semiannual interest of $$45$; their par value is $$1,000.$ If the $($annual$)$ market rate of interest on similar bonds is $3\mathrm{.}5\%$ what is the market value of Company PQR bonds? $($round to the nearest dollar$)$

$$1,121$

$$1,381$

$$931$

$$1,200$