The current price of a noncallable bond with annual coupons is $$1,120\mathrm{.}58,$

and the current annual yield is $4\mathrm{.}25\%.$ The modified duration $D(\mathrm{.}0425,2)$ is

$3\mathrm{.}58.$ Estimate the price of the bond if the yield increases to $4\mathrm{.}4\%.$ About what

would the price be if the discount rate decreases to an annual effective rate of

$3\mathrm{.}7\%?$