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A bond with a $1,000 face value has a 6% annual coupon rate. The bond matures in 12 years. The current YTM on the bond

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A bond with a $1,000 face value has a 6% annual coupon rate. The bond matures in 12 years. The current YTM on the bond is 3.8%. if you were to buy this bond and hold it for 5 years, how much would the price change while you hold it? Assume the bond's YTM remains the same. Answer in dollars and round to the nearest cent. (Hint: Compute the prices under the two scenarios and calculate the difference (P2-P1). For example, if the price dropped, the change would be negative.)

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