You have a 25-year maturity, 9.3% coupon, 9.3% yield bond with a duration of 10 years and a convexity of 134.8. If the interest rate were to fall 118 basis points, your predicted new price for the bond (including convexity) is _________.

$1,108.00

$1,098.62

$1,091.49

$1,117.40