A bond is scheduled to mature in five years. Its coupon rate is 9 percent with interest paid annually. This $1,000 par value bond carries a yield to maturity of 10 percent. The duration for this bond is -4.223. Calculate the percentage change in this bond's price if interest rates on comparable risk securities decline to 8.93 percent. Use the duration valuation equation.

Enter your answer in the box below. Round your answer to three decimal places. For example, if your answer is 0.12345, that's 12.345%, then you should enter 12.345