A $9-$year bond paying coupons annually has a yield of $10\mathrm{.}5\%$ and a duration of $7\mathrm{.}356$ years. Assume the market yield changes by $40$

basis points.

Required:

What is the percentage change in the bond's price?

Note: Assume modified duration and a positive increase in yield change. Do not round intermediate calculations. Negative value

should be indicated by a minus sign. Round your answer to $2$ decimal places.