Please explain with all steps using this formula

change in priceP=-MDRP Please use this formula to solve the problem, and write in detail how to calculate mD and R and P)

(c) A $1,000 six-year Eurobond has an 8 percent coupon, is selling at par, and contracts to make annual payments of interest. The duration of this bond is 4.99 years. What will be the new price using the duration model if interest rates increase to 8.5 percent