6 ms·
> who is charged 5bp a year (i.e. 5 cents for every $100 dollars) Am I crazy or would 5 basis points be 0.05 cents (1/100th of a percent)
by Sholmesy 4y ago
> who is charged 5bp a year (i.e. 5 cents for every $100 dollars)
Am I crazy or would 5 basis points be 0.05 cents (1/100th of a percent)