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The price of a fixed-rate corporate bond changes one day from 91.63 to 91.76. Par is $100. The modified duration for the bond is 8.29

The price of a fixed-rate corporate bond changes one day from 91.63 to 91.76. Par is $100. The modified duration for the bond is 8.29 in years. What is the estimated change in this bond's yield? Assume annual compounding.

Express your answer in basis points, and round to two decimal places. If the answer is a yield decline, then include the negative sign in your answer.

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