Yes, it does; replace the drive.

Thanks for your response. I sorta thought that would be the answer. I already have my data backed up on an external drive. So, I will go the route you suggest. Thanks for your help.

Thank you! I have a followup question. I have ordered a new drive and hardware that will allow me to create a clone of my bad drive. My bad drive is operational as long as I don't turn off my computer. My plan is that before I install my new drive I will create a clone of the current (bad) drive. Is this a bad idea? Would it be better for me to format my new drive then reinstall my operating system and other applications? Thanks!

You can try it, and it is possible that any bad sectors are not in use - but if they are, you may not be successful at cloning. I would suggest that if you have data on the drive that is not backed up, that you install the new drive, manually reload Windows, and put the faulty drive in an external case and back up the data first.