Basis Points
The Basic Point of Basis PointsPosted by Darin Manis on Jun 29, 2008 |
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If you refer to basis points as bps (pronounced bips, rhyming with lips) you know all about figuring out basis points. However, a lot of people, including people that work in financial services, don't know how to figure basis points or calculate them. So here are the basics of basis points if you need it:
