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Correct answer is 93.75 but I am unsure how he got to this conclusion Suppose that a bond has a modified duration of 15 years

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Correct answer is 93.75 but I am unsure how he got to this conclusion

Suppose that a bond has a modified duration of 15 years and a convexity of 5 squared years. The bond currently trades at a price of $97.50. Suppose that the interest rates increase by 20bps. What is the new price of the bond? $93.75 $89.50 $101.75 $99.25

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