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A(n) 7.8% coupon bond with 14 years left to maturity is currently priced to offer a(n) 8.2% yield to maturity. You believe that in one

A(n) 7.8% coupon bond with 14 years left to maturity is currently priced to offer a(n) 8.2% yield to maturity. You believe that in one year, the yield to maturity will be 8.8%. Calculate the dollar change in the price of the bond. Assume semi-annual interest payments and $1,000 par value. (Round your final answer to two decimal places. Note: If the bond loses value, you must enter your answer as a negative.)

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