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You own a bond with 6 years remaining maturity, coupon rate 7%, and market yield 5.20%. By how much do market yields need to move

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You own a bond with 6 years remaining maturity, coupon rate 7%, and market yield 5.20%. By how much do market yields need to move for you to realize a 10% gain in value for your bond's market price? Increase by 87 basis points Increase by 159 basis points Decline by 114 basis points Decline by 33 basis points Decline by 192 basis points

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