Required:

A nine$-$year bond paying coupons annually has a yield of $12\%$ and a duration of $7\mathrm{.}203$ years. If the bond's yield changes by $40$ basis points, what is the percentage change in the bond's price?

Note: Input the value as a positive value. Do not round intermediate calculations. Round your answer to $2$ decimal places.

Answer is complete but not entirely correct.

$\backslash$table$[[$The bond's price,increased by prop,$2\mathrm{.}93,\%.]]$