To say that a yield increased by twenty basis points means the interest rate increased by
A) 20 percent.
B) 2 percent.
C) 0.2 percent.
D) 0.02 percent.
Answer: C
To say that a yield increased by twenty basis points means the interest rate increased by
A) 20 percent.
B) 2 percent.
C) 0.2 percent.
D) 0.02 percent.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.