You have a 25-year maturity, 10% coupon, 10% yield to maturity bond with a duration of 10 years (thus modified duration = 9.09 ), and convexity of 186.

If the interest rate were to fall 160 basis points, then

you predict the percentage of price change is ______________.

you predict the new price for the bond (including convexity) after the interest rate drop is ____________.