Suppose 1 -year bond whose coupon is paid annually, coupon rate is 10% and face value is $1000. Further suppose the bond is sold at par, and thus the yield to maturity of this bond is 10% and the price is $1000. Now the interest rate changes from 10% to 15%. How would the new bond price be? (pick the closest) $856 $948 $956 $1048 $1156