An annual payment bond has a 10% required rate of return.Interest rates are expected to decrease 71 basis points.If the bond's duration is 12 years.what is the percentage change in bond's price?(write...

An annual payment bond has a 10% required rate of return.Interest rates are expected to decrease 71 basis points.If the bond's duration is 12 years.what is the percentage change in bond's price?(write the answer in percentage and round it to two decimals)