2. An asset in the market is priced at 12,500 with an annual effective yield rate of 3.5%. Fadi uses the first-order Macaulay approximation to estimate the price of the asset if the yield rate were to increase to 6%. The result is 8,015. On the other hand, Quentin uses the first-order modified approximation to estimate the price of the asset. The estimated price is X if the yield rate were to increase to 8%. Calculate X