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A 1 0 - year zero - coupon bond has a face value of $ 1 , 0 0 0 . If its YTM changes

A 10-year zero-coupon bond has a face value of $1,000. If its YTM changes from 5% to 6%, what is the resulting dollar value change in its price? Use the price determined from the first yield, 5%, as the base in your calculation. Round to the nearest cent (e.g., $62.891=62.89)
[Hint: Price change =P2-P1, where P1 is the value at YTM=5% and P2 is the value at YTM=6%. If the price dropped, answer should be negative.]
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