Two years ago ACME bonds were issued at par with $10$ years until maturity and a $7\%$ annual coupon.

If interest rates for that grade of bond are currently $8\mathrm{.}25\%,$ what will be the market price of

these bonds?

A$.$ $$917\mathrm{.}06$

B$.$ $$928\mathrm{.}84$

C$.$ $$987\mathrm{.}50$

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