Question: A basis point is equal to one one - hundredth of a percentage point. ( Salect the best choice below. ) A . True B

A basis point is equal to one one-hundredth of a percentage point. (Salect the best choice below.)
A. True
B. False
A basis point is equal to one one - hundredth of

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!