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Basis Point: Definition, Value & Conversion

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is one basis point in decimal form?

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1. If a stock increased by 130 basis points, what percentage change would that be?

2. If the Federal Reserve decreased its interest rate by 2% in order to promote economic growth, how many basis points would this be?

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About This Quiz & Worksheet

Basis points are a tiny unit of measurement that can be used in a number of mathematical problems. You will demonstrate your knowledge by solving a number of arithmetic problems involving them.

Quiz & Worksheet Goals

The math problems included on this quiz will test your ability to:

  • Identify a basis point
  • Demonstrate an understanding of the relationship between percentages and basis points
  • Perform calculations involving basis points

Skills Practiced

Solving these problems will also help you practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related mathematics lesson
  • Problem solving - use acquired knowledge to solve practice problems in mathematics
  • Information recall - access the knowledge you've gained regarding percentages

Additional Learning

If you'd like more information regarding basis points, you can supplement your knowledge by completing the lesson titled Basis Point: Definition, Value & Conversion. It covers the following subjects:

  • Exact value of a basis point
  • Method for converting between basis points and percentages
  • Function of basis points
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