Exam (elaborations)
BA 3303 Exam 2 Solved 100% Correct
- Course
- Institution
Interest rates - ANSWER--The cost of borrowing money stated as a percentage of the loan -A measure of what an investor can expect on a debt related investment. Basis point - ANSWER-Common term for a unit of interest rates in finance 1 basis point = .01% 100 basis points = 1.00% Nominal int...
[Show more]