Problem $7-13$ Bond Prices and Interest Rate Changes $($LG$7-5)$

A $6\mathrm{.}25$ percent coupon bond with $15$ years left to maturity is priced to offer a $7\mathrm{.}5$ percent yield to maturity. You believe that in one year. the yield to maturity will be $7\mathrm{.}0$ percent. Assuming semiannual interest payments, what is the change in price the bond will experience in dollars?

Note: Do not round intermediate calculations. Round your final answer to $2$ decimal places.

Change in bond price