Question $3(15$ points$)$

Bond Bravo pays interest quarterly. Suppose Bond Bravo's Macaulay duration is $10\mathrm{.}75$ years & its current yield$-$to$-$maturity $($YTM$)$ is $5\mathrm{.}65\%$ Further suppose YTM decreases by $12$ BP $($i$.$e$.$ BP $=$ basis points$).$ Bravo's bond price is currently $$1,015.$ Determine Bond Bravo's approximate new price. Show all work.