Problem $3-15($LG $3-4)$

A $$1,000$ par value bond with Five years left to maturity pays an interest payment semiannually with a $5$ percent coupon rate and is priced to have a $4\mathrm{.}4$ percent yield to maturity. If interest rates surprisingly increase by $0\mathrm{.}5$ percent, by how much will the bond's price change? $($Do not round intermediate calculations. Round your answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$

Bond's price

by