A risk manager is analyzing a long-dated bond that matures in 25 years and pays 8% coupon. He is told that the modified duration is 11.65 years and the bond convexity is 165. The bond is currently trading at 8% yield to maturity. Assuming a par value of $1000, should the yield to maturity increase by 1.5%, compute the expected bond price using both duration and convexity adjustments.