Question 8
A basis point is equal to
One percent
One-tenth of one percent
One-hundredth of one percent
One-half of one percent
A basis point is equal to
One percent
One-tenth of one percent
One-hundredth of one percent
One-half of one percent
Correct answer
One-hundredth of one percent
Question 8 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 27 Oct 2024, in the September 2024 term (IIT M DEGREE AN EXAM QDB2 27 Oct 2024). It carries 4 marks.