An $8\%,15$ year bond has a yield maturity of $10\%$ and a modified duration $($D$*)$ of $7\mathrm{.}318$ years if the market yield changes by $100$ basis points $($i$.$e$.1\%$ change$),$ how much change will there be in the bond price? A$)1\mathrm{.}83\%$ B$)8\mathrm{.}01\%$ C$)7\mathrm{.}31\%$ D$)6\mathrm{.}44\%$