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  • Mar 17, 2009, 09:02 AM
    mrscdhawkes
    Basis points
    If a bond's price rises from 7.29% to 7.79%, how many basis points has it risen?
  • Mar 17, 2009, 09:08 AM
    ebaines

    A basis point is 1/100 of a percentage point. So a one-half percent change is 50 basis points.

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