A bond with a par value of $1,000 has a duration of 6.2. If the yield on the bond is expected to change from 8.80% to 8.95%, the estimated new price for the bond following the expected change in yield is best described as being a. 0.93% lower than the bonds current price. b. 1.70% lower than the bonds current price. c. 10.57% lower than the bonds current price.please show the working